Congrats to those who bought the dip. Seems like we’re getting a pause in the tariffs after all. Is this Trump backing down or is this just another lesson in the art of the deal? Time will tell, but I’m glad I emptied all the cash I had into the stock market when it was down. Always buy fear and sell greed.
However, Trump is raising tariffs on China to 125%, effective immediately.
China on their turn will raise stakes even higher.