#TrumpTariffs
In a controversial move, former President Donald Trump announced his intention to reimpose stringent tariffs if he wins the upcoming elections, including:
Tariffs of up to 60% on imports from China
And expanding tariffs on strategic goods from Europe and Mexico
Market reaction?
Stock markets saw sharp fluctuations
Gold rose as a traditional safe haven
But notably: Bitcoin increased by 3% in the early hours
The message for the smart investor:
As protectionist policies escalate, the search for assets that are not bound by borders and not controlled by governments is increasing… and here crypto emerges as a true hedging tool.
Are we witnessing a new wave of inflow into digital assets?$BTC