Global Tremor! Trump's Tariff Nuclear Bomb Ignites: China's 67% Algorithm Secrets Revealed, Is Bitcoin About to Soar?
Trump dropped a heavy tariff bomb at dawn, no longer favoring just Canada, Mexico, and China, but firing at the whole world!
Tariff Plan:
Starting April 5, a global basic tariff of 10% takes effect!
Starting April 9, countries with high tariffs on the U.S. will receive a '50% off' reciprocity, with China calculated at an astonishing 67% high tax rate!
Trump's Algorithm Mystery: The tax rate on China has reached 34% (30% for this term + additional tariffs from the previous term), suspected to be directly doubled to 67%, emphasizing the 'equivalence' rationale. Strangely, the tables omitted Mexico and Canada, suggesting the trade war may have come to a halt.
Crypto Market Plummets
Tariffs pushed up the dollar, temporarily suppressing Bitcoin prices. Previous articles had warned of volatile markets, but the impact is only short-term. The U.S. is printing dollars like crazy, with the fiscal deficit for 2025 potentially soaring to $4.5 trillion (with revenue only at $6 trillion), which is long-term favorable for Bitcoin and other safe-haven assets!
Next Step: A Tax Cut Frenzy?
Trump's economic killer move: 'Abolish income tax, replace it with tariffs.' The TCJA tax cuts during his previous term had sent U.S. stocks soaring; this time, he supports crypto, and there may be tokens that ride the tax cut express. Bitcoin is poised for takeoff!