Just saw Trump's latest threats: 100% committed to slapping tariffs on 8 European allies (Denmark, Germany, UK, France etc.) starting Feb 1, potentially hitting 25% by June. Oh, and a 200% tariff on French wine & champagne? That's a new one.Europe isn't bluffing either. They're talking about a €93 billion counter-strike on US goods and might pull out the big "trade bazooka" (restricting US market access). UK and Germany called the move "completely wrong".Market's reaction? Risk-off mood.European stocks got hit hard, especially autos & luxury goods.Safe-havens like gold & silver are pushing higher.US futures were down pre-market.Here's the kicker: studies show US importers & consumers bear 96% of the tariff cost. So much for "other countries pay".Feels more political than economic. This uncertainty is the real killer for business investment. What do you think?
GoldMining
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