According to The Kobeissi Letter, the sudden shift from tariffs being 'refunded' back to April 5th to the absence of a tariff exception announcement within 48 hours highlights significant market uncertainties. Traders should closely monitor official communications for clarity, as such discrepancies can impact import costs and trading strategies, particularly in commodities and goods markets. The rapid change in narrative might also affect currency pairs influenced by international trade policies (Source: The Kobeissi Letter).

According to @KobeissiLetter, the weighted-average US tariff rate has surged to an unprecedented 29% following the 'Liberation Day' tariffs. This rate surpasses even the Smoot-Hawley Act of the 1930s Great Depression, marking a significant development in trade policy. Traders should closely monitor the potential market impacts, as increased tariffs could influence import costs and affect various sectors.

According to @KobeissiLetter, the threatened tariffs on the EU are set to impact approximately $600 billion of imports, which could potentially reduce US GDP by 70 basis points and add 40 basis points to inflation. This information suggests that stagflation may have already begun, affecting trading strategies that rely on economic stability. The potential economic impacts should be considered by traders when evaluating market positions, particularly in sectors sensitive to import costs and inflationary pressures.

According to The Kobeissi Letter, President Trump has announced that Wednesday will be marked as 'Liberation Day' with the introduction of tariffs exceeding 20% on imports from over 25 countries. These tariffs are projected to affect over $1.5 trillion worth of imports by the end of April. This move is significant for traders as it could lead to increased costs for imported goods, potentially affecting market prices and trade balances. Traders should monitor the affected countries and sectors to adjust their strategies accordingly. Source: The Kobeissi Letter.

According to The Kobeissi Letter, the Lamborghini Revuelto, which has a base MSRP of $604,000, can reach up to $700,000 when fully equipped, with none of its parts or assembly occurring in the US. This results in buyers facing approximately $175,000 in tariffs, which could significantly impact purchasing decisions and overall demand in the luxury car market.

According to The Kobeissi Letter, the Lamborghini Revuelto, with a base MSRP of $604,000, can reach nearly $700,000 when fully built, due to 0% of its parts or assembly occurring in the US. As a result, buyers may incur approximately $175,000 in tariffs, significantly affecting its final price.