Tariff
It was an Honor to speak with Prime Minister Modi, of India, this morning.
+6.1%GLD/1d
+$908B market cap“Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some poin”Truth Social→
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 | +6.26% | +5.08% | -- | -- | -0.38% | -3.40% |
| DXY | -0.30% | +0.35% | -- | -- | +0.10% | -1.83% |
| GLD | +2.63% | +0.14% | -- | -- | +0.90% | +3.28% |
| SPY | +7.11% | +2.71% | -- | -- | +0.43% | -1.81% |
| TLT | -1.36% | -0.52% | -- | -- | +1.50% | -0.50% |
The largest measured post-statement move was in BTC, which fell 3.40% 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.