#TrumpTariffs Based on the latest developments, President Trump's new tariffs (25–40%) targeting 14 countries—including key allies like Japan and South Korea—are likely to amplify global volatility rather than sustainably boost markets, with significant spillover effects on crypto and risk assets.

U.S. stocks dipped sharply post-announcement, though broader indices rallied 11% since April as investors initially priced in "benign" outcomes. Auto stocks fell 4–7% due to Asian manufacturing exposure. The dollar index dropped 6.6% (worst H1 since 1973), reflecting eroded trade confidence, while Treasury yields may rise if tariffs fuel inflation, delaying Fed cuts.