CoinVoice has recently learned that, according to Jinshi reports, analysts are concerned about the economic and diplomatic consequences following President Trump's threat to impose a 30% tariff on goods imported from Mexico and the EU starting August 1.

Mary Lovely, a senior researcher at the Peterson Institute for International Economics, warned that Trump's tariffs will lead to rising prices and unemployment in due course, while Alan Sykes from Stanford Law School expressed his concern about whether the U.S. will be seen as a credible party in future negotiations. [Original link]