#Trump100Days In the first 100 days of Donald Trump's second term, global markets reacted with strong volatility. The S&P 500 fell 8%, while the dollar retreated about 9%, reflecting the uncertainty caused by aggressive fiscal policies and trade tariffs. Congress is debating the extension of the 2017 tax cuts, now with proposals that exempt taxes on tips and social benefits, which could cost up to US$ 5.3 trillion and pressure public debt. In the crypto sector, the Trump administration signaled support for deregulation, revoking IRS rules and proposing a strategic reserve of assets like Bitcoin and Ethereum. Despite the fiscal stimulus, analysts warn of inflationary risks and rising interest rates.