#TrumpTariffs This announcement is quite significant. Trump's proposed tariffs and tax cuts could potentially create a dual effect. On one hand, tax cuts might stimulate domestic economic growth and boost investor confidence, potentially benefiting U.S. equities and risk assets. On the other hand, imposing tariffs could escalate trade tensions, increasing global market volatility and potentially leading to inflationary pressures.

For crypto, particularly Bitcoin ($BTC), the impact could be twofold. If market uncertainty rises due to global trade conflicts, we might see increased interest in Bitcoin as a hedge against economic instability. However, stronger U.S. economic data resulting from tax cuts could also strengthen the USD, potentially dampening Bitcoin's appeal as a store of value.

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