According to Jinchi's data, he issued a report saying that Trump intends to surprise us with two plans that have nothing to do with reason. He will impose additional tariffs on countries that place taxes on American exports, as if he's saying either you pay what I like or I’ll show you the red eye.
At the same time, he boasts about a tax cut project that is the largest in America's history, claiming it will launch the American economy like a rocket.
Jinchi's reports indicate that combining these tariffs and cuts could slightly boost domestic growth and make American investors happy, but afterwards we will find the global market caught in a spiral of turmoil. All countries will respond with retaliatory measures, and a trade war will begin, harming American industries themselves.
Moreover, the massive tax cuts will increase the financial deficit alarmingly. The U.S. government will find itself in a dilemma: either reduce spending on health and social programs or raise taxes later, or borrow and let public debt increase.
Regarding cryptocurrencies like Bitcoin and Ethereum, Jinchi said that these policies will dangerously increase volatility and make the entire market sensitive to any random statement from Trump, meaning that those trying to invest while feeling secure are in for a tough time.
Trump's decisions are not a genius plan; they are a bomb that will strike the stability of the American and global economy and make people pay a high price.
