Former President Donald Trump has announced plans to slap new tariffs on countries that impose taxes on U.S. exports, signaling a shift toward more aggressive trade protectionism. At the same time, he revealed that Congress is on the verge of passing what he calls the biggest tax cut in U.S. history—labeling it a “rocket” for the American economy.
This bold combination of trade restrictions and domestic tax relief could drive stronger U.S. economic growth and attract bullish investor sentiment. However, it may also escalate global trade tensions, raise the risk of inflation, and spark volatility across international markets.
For crypto and other risk assets like $BTC, the outcome could go either way. On one hand, uncertainty in traditional markets often drives investors toward decentralized assets. On the other, higher U.S. growth and interest rates could reduce the appeal of speculative bets.
How do you see this playing out? Will it lift markets or cause more turmoil?
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