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The date for these tarrifs to come into effect is set for August 1 so I think, the judgement day should be August 1 instead of July 9.
But you know investments move on the announcement of said future actions all the time!
Also, markets have a tendency to price in events before they happen to a certain extent. Not trying to nullify the main point, just notice it was quite red across the board after the weekend yesterday.
I'm expecting quite a bit more.
The date for these tarrifs to come into effect is set for August 1 so I think, the judgement day should be August 1 instead of July 9.