wow. copper one of the few minerals exempt from Trump tariffs.What are analysts saying about the sweeping tariffs imposed by Trump yesterday, their potential impact on global stock markets, and new risks and opportunities?Deciphering the News, Analysis, Charts for you - breakthrough imminent!
Trump's New Tariff Regime: Market Impact Analysis
The 10% universal tariff announced by President Trump yesterday represents one of the most significant trade policy shifts in recent years, with immediate and potentially far-reaching consequences for markets and specific sectors.
Immediate Market Impact
Trump's announcement of a 10% universal tariff on U.S. imports plus additional reciprocal tariffs against major trading partners has already triggered significant market reactions:
- Magnificent 7 Tech Stocks: Immediate negative reaction with Apple down 6.7% and Tesla down 6% in aftermarket trading, while other Magnificent 7 stocks declined between 2.5% and 5.5%
- Supply Chain Concerns: Particularly severe for Apple, whose supply chain spans China, Taiwan, Japan, and South Korea
- Exempted Sectors: Copper, pharmaceuticals, lumber, gold, energy, and some critical minerals are excluded from the tariffs
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