$BTC Trump's tariff policy combined with the tax cut plan may boost market confidence in the short term by stimulating domestic demand, but in the long term, it will exacerbate global trade frictions and inflation risks, leading to increased market volatility. Cryptocurrency, as a safe-haven asset, may attract capital inflows amid rising policy uncertainty, but one should be wary of the severe fluctuations triggered by policy reversals. Risk assets (such as U.S. stocks and industrial metals) may rebound in the short term due to favorable policies, but the increase in supply chain costs caused by tariffs and countermeasures will suppress corporate profit expectations, and the medium to long-term trend will still depend on the progress of negotiations and inflationary pressures.