When Trump delivered a video speech, he stated, "The message I have for every business in the world is very simple: come to America to produce your products, and we will provide the best low tax rates globally." "But if you choose not to produce your products in America, that is certainly your right, and simply put, you will have to pay tariffs.
If the 25% tariff proposed by President Trump goes into effect next month, Canada's GDP will decline significantly. Economists estimate that if Canada takes retaliatory measures and imposes tariffs in kind, then the decline in Canada's GDP will be between 3% and 5.6%.
Trump said in the Davos video: 1. Calling on OPEC to lower oil prices. 2. Requesting the Saudi Crown Prince to increase investment in the U.S. to $1 trillion. 3. The EU's tariffs are too high, regulations too strict, and the trade deficit with the U.S. is too large; measures will be taken. 4. Publicly questioning Federal Reserve Chairman Powell's interest rate decisions and plans to speak with him at the appropriate time, claiming to understand interest rates better than Powell.
PS: The second confrontation between Trump and the Federal Reserve has begun.
The Federal Reserve will announce the interest rate cut situation for February on January 30th. According to the nature of political performances and social relationships, with the new president in office, the Federal Reserve is likely to compromise and accommodate Trump's demands for interest rate cuts. Another 25 basis point cut is expected in February. At least two cuts are anticipated by 2025. The favorable news in February will continue to encourage capital to remain in the cryptocurrency market. In recent days, BTC has experienced continuous surges, breaking previous highs, and is currently undergoing a normal correction and consolidation. Coupled with the Chinese New Year, retail investors are returning home, leading to reduced trading volume and liquidity. The overall market is mainly showing slight declines and fluctuations. At this time, it is precisely the opportunity to gradually enter the market and heavily invest in the final moments. Buy the dips in cryptocurrencies, hold for price increases, and not focus on recent fluctuations; be patient. Within a month, February is sure to be a season of explosive growth. $BTC #特朗普加密政令 #ETH再度冲击4K
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