#TrumpTariffs #TrumpTariffs
Once again, tariffs return to the forefront with Donald Trump's statements about imposing new tariffs on imports if he returns to the presidency.
This step will directly affect financial markets and currency prices, especially the US dollar and the Chinese yuan, etc.
Digital currencies are seen as an alternative refuge during times of economic and trade tensions. An increase in tariffs means more inflation and fears of a global economic recession, which could drive investors to turn to Bitcoin and others as a hedge.
Traders on the Binance platform should prepare for expected volatility, especially if official statements are issued or actual decisions related to #TrumpTariffs are implemented.