#TariffsPause
Trump tightens taxes, the financial world is shaken: Ethereum and the crypto market are in turmoil.
In recent weeks, the administration of President Donald Trump has restarted the trade war with China by imposing import tariffs of up to 145% on many goods from the world's second-largest economy.
In response, China has also launched strong retaliatory measures, causing global supply chains to continue to be disrupted and the cost of goods to rise.
As a result, the global economy is facing a clear risk of recession: the IMF has lowered its global growth forecast to 2.8%, while analysts warn that the US GDP could decline by 6% if the tariff war continues.
Inflation is rising, consumption is weakening, and the risk of shortages of goods may return, reminiscent of the pandemic period.