#TrumpCancelsEUTariffThreat 🧵 Macro Watch: Trump Backs Off EU Tariff Threat 🇺🇸🇪🇺

Markets quietly breathed a sigh of relief today.

Former President Donald Trump signaled a pause on proposed EU tariff escalations, easing immediate fears of a renewed US–EU trade war.

Why this matters 👇

• ❌ Less trade friction = lower inflation pressure

• 📉 Reduces tail-risk for global supply chains

• 💵 Supports risk assets (stocks & crypto) short-term

• 🏦 Gives the Fed less reason to stay ultra-hawkish

Market reaction so far:

• Equities stabilize

• DXY softens slightly

• BTC & ETH holding key levels

⚠️ That said: this is headline relief, not a structural shift. Trade policy remains a wildcard going into election season.

Big question:

Does macro uncertainty fading + easing inflation risks = more room for risk-on into Q4?

👇 Drop your take — are markets underpricing political risk or already looking past it?