#TrumpTariffs
Hello to the Binance community..
The return to Trump's speech regarding the imposition of new tariffs has reignited the debate about the impact of politics on the global economy. Trump suggests raising tariffs on many Chinese and foreign goods, claiming this is to protect American industry. However, in reality, these tariffs could increase production and consumption costs, opening the door to a new trade war. The financial market always reacts to these statements, creating significant trading opportunities but also high risks. If you are a trader, pay close attention to these statements, as any word could completely change the market movement. As for big investors, the general trend tends to be cautious, especially in the manufacturing and energy sectors. Politics can be a market driver just like profits and economic reports… Stay alert.