The USA has imposed new taxes on Mexico, Canada, and China. In response, these countries have also retaliated. The direct impact? Prices are going up!
Market Effects:
๐ Gold โ A safe investment, its price may rise.
๐ Stock Market โ Companies' profits may decline, making the market unstable.
๐ฐ Crypto โ Bitcoin and altcoins may become more volatile.
๐ต Forex โ The US dollar may strengthen or weaken, while the currencies of China, Mexico, and Canada may come under pressure.
Imported goods will become expensive, stocks and crypto will be risky, and gold will remain strong!
