Among the reciprocal tariff levels Trump announced:
China: 34%
European Union: 20%
South Korea: 25%
India: 26%
Vietnam: 46%
Taiwan: 32%
Japan: 24%
Thailand: 36%
Switzerland: 31%
Indonesia: 32%
Malaysia: 24%
Cambodia: 49%
United Kingdom: 10%
Rest of the world: 10%
Holy shit the post-market drops for SPY and QQQ are insane. I haven’t seen a post/pre market move this sharp since Covid
They’ll try to spin it in tomorrows finance news, so it may be sharp but not as sharp as it should be.