#TrumpTariffs
Today, 07 July 2025.
Former President Donald Trump has proposed sweeping new tariffs—10% across-the-board +60% on China—if re-elected. Here’s the breakdown:
Key Impacts
1.Consumer Prices : Immediate inflation spike (IMF estimates +1.5% CPI).
2.Supply Chains : Reshoring push for manufacturing, but higher costs for automakers/tech.
3.Trade War : Retaliatory tariffs likely from EU, China—global trade could drop 3-5%.
Market Reactions
4.Dollar Surge : USD strength as tariffs attract capital flows.
5.Commodity Volatility : Steel/aluminum prices would rally (benefit $CLF, $X).
6.Crypto Hedge : Bitcoin may benefit as a neutral trade asset during currency battles.