#TrumpTariffs

Trump’s recent intensification of tariff policies and fears of even greater tariffs to come have ignited widespread concern among economists, investors, and policymakers.

Unsurprisingly, markets have crashed. Major indices experienced sharp declines: S&P 500 is down 11% over the past month, and the Dow Jones is down 10.6% over the same period.

Tech stocks suffered even more, with tariffs threatening global supply chains. The NASDAQ is down over 12% in the past 30 days.

Cryptocurrency markets aren’t immune, of course. On Monday, Bitcoin’s price fell below $75,000 at one point, before later rebounding, while Ethereum lost 14%.

But there could be a silver lining in the looming tariff clouds.