#TrumpTariffs

When will these tariff trade wars end? 😕

The recent tariff announcement from president Trump triggered one of the most confusing market reactions this month.

BTC spiked on headlines suggesting a "universal tariff" - only to reverse once reciprocal tariffs were announced and clarified.

What Trump announced wasn't a blanket tariff - it was a reciprocal system. Each country will be treated case by case. If they tax US goods, the US will now tax theirs, but with a "discounted" rate. This was a more aggressive move than markets expected - and it isn’t good for risk assets.