#CryptoTariffDrop

Trump's tariffs great move or ??

Global Impact:

Many countries and companies worldwide were negatively affected by these tariffs.

Consumers in various countries, including the U.S., faced higher prices for goods.

Trump's Perspective:

Trump saw the tariffs as a way to protect American businesses.

He used them as a "tit-for-tat" strategy: if other countries taxed American goods, the U.S. would do the same.

The aim was to force other countries to remove their tariffs or face reciprocal taxes.

He wanted to strengthen American local business.

He wanted to show other countries that the USA can be independent.

Potential Long-Term Effects:

While there were immediate negative impacts, the idea was that in the long run, it could lead to stronger American businesses.

It also sent a message to other countries that the U.S. was willing to take a tough stance on trade.