The Trade War Just Escalated — And Markets Are in Freefall
On February 24, 2026, the Trump administration invoked Section 122 of the Trade Act of 1974, imposing a 10% universal baseline tariff on nearly all imports into the United States. This came after the Supreme Court struck down previous tariff authority under the IEEPA on February 20.
The markets reacted violently:
And this isn't just a US story. With tariffs reaching 54% on Chinese imports (some sectors up to 145%), and 25% on Canada and Mexico, the entire global trade system is being restructured.
Why This Creates Massive Trading Opportunities
When markets crash, most people panic. But experienced traders know that volatility is where money is made. Every 1% drop in the S&P 500 is a potential profit for someone trading the right side.
Here's what's happening right now:
How to Trade the Tariff War on 10xTrade
Trade #1: Short NASDAQ (US100)
The NASDAQ is the most exposed index to trade war damage. Tech companies rely on global supply chains that tariffs directly disrupt. Use leverage up to 1:200 on 10xTrade to amplify your short positions on US100.
Trade #2: Buy Gold (XAU/USD)
Gold above $5,000 with momentum still building. Every tariff escalation pushes more capital into gold. Set a trailing stop to ride the trend and lock in profits.
Trade #3: Trade USD Volatility
The Dollar Index is swinging wildly. Trade EUR/USD and USD/JPY with spreads from 0.0 pips on 10xTrade — capture moves in both directions.
Trade #4: Long Oil
Tariffs combined with Middle East tensions are pushing energy prices higher. Go long on crude oil CFDs with leverage up to 1:100.
Why You Need a Professional Account Manager
In markets this volatile, having expert guidance is the difference between profit and disaster. 10xTrade's dedicated account managers work with you personally to:
Our Gold, Platinum, and Diamond account holders receive direct access to senior account managers with decades of combined experience navigating market crises.
The Bottom Line
Trump's tariff war isn't going away. Markets will continue to swing violently as new tariffs are announced, retaliatory measures are taken, and earnings reports reveal the real economic damage. For CFD traders on 10xTrade, this is the most profitable environment in years.
Don't watch from the sidelines while others profit. Open your 10xTrade account today and let our account managers help you navigate the chaos.