Liberation Day Do-Over By Peter Tchir of Academy Securities The President undid a few things yesterday with a single post on Truth Social yesterday. It sparked a market rally of almost 10% in the S&P 500. The “Reciprocal” Tariff rate will now be 10% for every country other than China. That is much more in line with effective tariff rates the U.S. faces. Not truly “reciprocal” but close enough. The tariffs won’t go in effect for 90 days, giving time to negotiate. My view is that many countries would have reduced tariffs via negotiations anyways. Tariffs are only one part… — Continue at ZeroHedge News : Read More
