Trump’s Tariff Tsunami: Global Trade on a Rollercoaster 🎢🌐
Hey Binance fam! 👋
Trump is back in the spotlight with bold tariff proposals — aiming to boost U.S. manufacturing by taxing imports. But the global ripple effects? Massive.
🔍 What’s Happening?
Flat 10% Tariff on all imports if re-elected (Trump’s “Liberation Day” policy)
China Hit Hard: Tariffs up to 145% on some goods → China retaliates
Allies Affected: EU, Korea, Mexico, and more caught in rising trade tensions
📊 Impact
Prices Up: For consumers & businesses
Market Volatility: Global supply chains shaken
Crypto Boost: Uncertainty = interest in Bitcoin & digital assets
Trump’s moves could reshape global trade. In this market? Awareness = strategy.