Tariff
It was an Honor to speak with Prime Minister Modi, of India, this morning.
+6.1%GLD/1d
+$908B market capTariffMedium confidence
Effective immediately, any Country doing business with the Islamic Republic of Iran will pay a Ta...
“Effective immediately, any Country doing business with the Islamic Republic of Iran will pay a Tariff of 25% on any and all business being done with the United States of America. This Order is final a”Truth Social→
Market Reaction
+1 hour after statement
Before & After
Price changes before (leading up to) and after the statement
| BEFORE ◀ | ▶ AFTER | |||||
|---|---|---|---|---|---|---|
| Asset | -1 day | -1 hour | -5 min | +5 min | +1 hour | +1 day |
| BTC | +0.80% | +0.27% | -- | -- | -0.00% | +4.95% |
| DXY | -0.36% | -0.02% | -- | -- | +0.01% | +0.29% |
| GLD | -0.60% | -- | -- | -- | +0.37% | -0.14% |
| SPY | +0.23% | -- | -- | -- | -0.35% | -0.20% |
| TLT | +0.10% | -- | -- | -- | +0.05% | +0.15% |
Market Impact Summary
The largest measured post-statement move was in BTC, which rose 4.95% over the 1d window. The comparison uses prices immediately around the timestamp above; it shows correlation, not proof that the statement alone caused the move.
Share:Post on X
Related Tariff Statements
Tariff tracker→source →
Tariff
I was just informed that two repatriation flights from the United States, with a large number of ...
-5.8%BTC/1d
-$104B market capTariff
“This is an exciting day, Liberation Day.
-5.1%BTC/1d
-$92B market capTariff
Oil prices are down, interest rates are down (the slow moving Fed should cut rates!
+5.1%SPY/1d
+$2.5T market cap