โ๐ช๐บ๐บ๐ธ The Big News
โThe European Union (EU) is planning to pause a trade agreement with the United States. They are doing this because President Trump threatened to put extra taxes (tariffs) on goods coming from Europe.
โ๐ What this means
โMore Tension: The US and Europe are not getting along regarding trade right now.
โTrade War Fears: People are worried this could turn into a "trade war," where both sides keep adding taxes to each other's products.
โGlobal Economy: When big economies fight, it creates uncertainty, which makes it harder for the world economy to grow.
โ๐ How it affects the market
โBad for now (Bearish):
Investors get nervous when countries fight over trade. Because of this fear ("risk-off"), prices for stocks and cryptocurrencies might go down or jump around a lot (volatility) in the short term.
