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A tariff is a tax on imported goods by a government with the aim of regulating international trade. How tariffs are collected, applied and who by is obviously dependent on the type of tariff and which country is applying them.
A trade war occurs when countries impose tariffs or other trade barriers on each other in response to economic or political disputes. These can include import tariffs, export restrictions and other protectionist policies to shelter domestic industries from foreign competition.
Trump’s market impact continues to broaden as peace talks in Ukraine drove a EUR/USD breakout, followed by a reversal on news of reciprocal tariffs coming soon.
Gold buyers may now be turning their eyes upward for a retest of the record highs near $2790 in the coming days, if not a breakout to $2800+.
When celebrities invest, it causes speculators to go into overdrive, but the relationship works both ways. When celebrities show negative feelings toward a company, it can send the markets reeling. Find out more about the celebrity stock phenomenon.
