The extensive and rapid actions taken by Trump to "streamline" the U.S. government, pressure American allies, and reshape the global economic order are creating ripple effects that impact not only the American business community and public but also distant places.
On Monday, U.S. President Trump announced a 25% tariff on steel and aluminum imported into the United States, reinstating global tariffs that also affect allies like Canada, Mexico, Japan, and South Korea.
"This is a big deal. This is the beginning of making America wealthy again," Trump said on Monday while signing the executive order.
The U.S. stock market rose on Monday, with investors unfazed by the risk that Trump's planned steel and aluminum tariffs could trigger a trade war. The Nasdaq rose 1%, leading the major indices. The S&P 500 climbed 0.7%, and the Dow Jones increased by 0.4.
A Japanese hotel management company has seen its stock price soar 4000% in a year after shifting to hoarding Bitcoin, bringing astonishing returns to its shareholders. Data shows that the company's stock price has increased by more than 4000% in the past 12 months, making it the largest gainer in the Japanese stock market during that period and one of the highest globally.
The whole world has been recently unsettled, and indeed the stock market has been the same, with high and low fluctuations, violent spikes. This can be seen as a response to the new policies. The impact is deeper in the higher-risk cryptocurrency sector. Altcoins have plummeted, with market makers cleaning up, resulting in significant losses. Recently, cryptocurrency prices have begun to rebound slowly, but the volume indicates that retail investors are hesitant to follow. At this moment, it becomes a psychological game. If a significant volume appears, retail investors will start waving flags, shouting "Long live BTC, long live the cryptocurrency bull market!" This is just the nature of retail investors, and it will remain the same even after 100 years. However, regardless of how poor the market is, if BTC retraces and spikes, as long as you dare to invest in BTC, you will be pulled back up again. Currently, the U.S. national reserve plan is brewing, and when it is implemented, the national sovereign funds will flock in. Recently, if you dared to buy at the bottom, you have already outperformed more than 70% of people. Let’s be bold and invest with certainty, holding onto coins and waiting for an increase; just keep lying flat with your spot holdings.
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