#TradeWar 🌍🔥

📉 The S&P 500 is down 1.3%, while BTC holds at ~$84,200.

🇨🇳 China warns of “decisive countermeasures” if US tariffs escalate – Reuters.

📈 US inflation higher than expected: PCE core index up 0.4% (yearly high) – Bloomberg.

🇺🇸 UBS: Tariff threats remain a concern, but no US recession forecast.

💰 Fed’s rate pause reflects uncertainty over trade impact.

🚗 Trump plans new car tariffs; EU braces for talks, adding more market stress – Bloomberg.

⚖️ US-EU trade tensions expected to worsen, with no full return to past conditions.