🚨 TRUMP JUST DROPPED THE HAMMER: 10% GLOBAL TARIFF ON ALL IMPORTS — EFFECTIVE FEB 24 AT MIDNIGHT ET! 🔥💥
US President Donald Trump just signed a proclamation from the Oval Office: starting February 24, 12:01 a.m. ET (basically TOMORROW) — 10% temporary import duty on goods from EVERY SINGLE COUNTRY for the next 150 days! 🌍💣
This move comes right after the Supreme Court DESTROYED his previous emergency tariffs (under IEEPA) — ruled them ILLEGAL. No presidential authority to impose tariffs that way! Trump went nuclear: called the decision “terrible,” the justices “shameful,” “unpatriotic” and a “disgrace to the Constitution”!
He didn’t blink — BOOM! New tariffs under Section 122 of the 1974 Trade Act (first use ever!). Exemptions cover: passenger vehicles, some light trucks, aerospace products, pharmaceuticals, critical minerals, energy, fertilizers, beef, tomatoes, oranges, and more. Goods already under other tariffs or USMCA-compliant (Canada/Mexico) largely protected.
Market impact RIGHT NOW?
US Dollar primed for a massive surge 🚀💪
Global trade shockwaves incoming — importers/exporters in full panic mode 📉
Volatility about to explode across equities, commodities, FX pairs 📈📉
China, EU, Canada, Mexico — retaliation almost guaranteed. Buckle up!
Trump on Truth Social: “It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries, which will be effective almost immediately!”
Who’s positioning for a stronger dollar? Waiting for the initial sell-off chaos? Drop your takes below — this is going to be WILD! 🤑💰
#TrumpTariffs #TradeWar2 #DollarStrength #MarketVolatility #FOMO $TRUMP $WLFI