Jinshi Data reports that former President Trump has unveiled plans to slap extra tariffs on nations that levy taxes on U.S. exports. He also hinted that Congress is nearing approval of what he calls the “biggest tax cut in American history,” which he claims will act as a “rocket” for economic growth.
This blend of aggressive tax reform and protectionist trade policies could energize U.S. markets and investor sentiment. But it also raises big questions—will it drive economic expansion, or stir up global instability and inflationary pressure?
What’s your take?
Could this be bullish for crypto and risk assets, or are we looking at increased volatility ahead?
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