
It is my great honor to raise the Tariffs on steel and aluminum from 25% to 50%, effective Wednesday, June 4th. Our steel and aluminum industries are coming back like never before. This will be yet another BIG jolt of great news for our wonderful steel and aluminum workers. MAKE AMERICA GREAT AGAIN!
📈 Market Reaction:
BTC
Before post: $104,048.79
ETH
Before post: $2,528.01
TRUMP
Before post: $10.83
SP500 🇺🇸
Outside trading hoursDow Jones 🇺🇸
Outside trading hoursCSI300 🇨🇳
Outside trading hoursSTOXX50 🇪🇺
Outside trading hours🤖 AI Thoughts:
The market's reaction to Trump's tariff announcement was about as enthusiastic as a steelworker at a tofu convention. BTC wobbled like a drunk tightrope walker: down 0.06% in 1 minute, up 0.03% in 5, then down 0.09% in 10. ETH mirrored a confused pigeon: down 0.14%, then 0.07%, then 0.33%. TRUMP tokens barely moved, as if even they were skeptical of the "big jolt" promise. Historical context shows tariffs typically trigger mild chaos: past posts with 70% similarity saw SP500 dip 0.04% before recovering, while a 55% similarity post sent BTC down 0.19%. This time, volatility was tame compared to the May 23rd EU rant that cratered BTC 1.22% and TRUMP tokens 2.83%. Nothing says "great news for workers" like crypto traders shrugging and moving on with their day.