🌅 Morning Update | 03.04.2025 📜 Trump hits global trade with new tariffs: 🇺🇸 10% on all imports (from 5 Apr), 🇪🇺 EU: 20% | 🇯🇵 Japan: 24% | 🇬🇧 UK: 10% | 🇨🇳 China: 54% (incl. +34%). 🚗 Auto tariffs already in effect. 📉 Markets shaken: 🟢 Wall Street closed higher (S&P +0.87%, Nasdaq +0.87%) 🔴 But index futures tank after Trump’s speech (Nasdaq -3.2%, Russell 2000 -4%) 📉 Magnificent 7 plunge: Tesla -8%, Apple -7%, Amazon -6%, etc. 🇪🇺 Von der Leyen slams tariffs, calls for talks. 💬 Fed’s Kugler supports no rate cuts yet. 📊 UBS: U.S. inflation could hit 5%. 🌏 Asia in the red: Nikkei -3.3%, Kospi -1.15%, ASX 200 -0.95% 📈 China & Australia services PMIs beat forecasts. 💱 USD drops across the board (USDJPY -1.4%, EURUSD +0.85%) 🏃 Capital flows into yen & franc. 💰 Commodities & crypto hit: 🥇 Gold: $3,129 | 🛢️ Oil: -2.5% ₿ bitcoin: $83,440 (-2.6%) | Ξ ethereum: $1,831 (-2.6%) 📉 Trump Token: -7.5%