{"content":"Trump’s Tariff Letters Shake Markets Ahead of July Deadline Trump is sending letters to trade partners, warning of new tariffs—some as high as 70%—starting August 1. These letters, expected before July 9, are rocking global markets. The U.S. stock market, which recently hit record highs, is now under pressure. Traders fear rising tariffs could slow growth, hurt corporate profits, and delay Fed rate cuts. Gold is rising as a safe haven, while stocks and the dollar dip. Targeted countries like the EU, Japan, and South Korea are scrambling for last-minute deals. Some, like Vietnam and the UK, have already made quick agreements. Meanwhile, China maintains a tense truce with the U.S. These letters mark a sharp return to Trump’s aggressive trade strategy—no drawn-out talks, just hard tariffs. The risk of a summer correction is rising, and traders are watching every move. Markets now face a heated summer. Tariffs are coming—and the countdown has begun.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/05/194f6277cd554ee4877ee027e3a9e29f.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}