Trump's tariffs raise concerns about the return of policies that could reignite global trade tensions. Personally, I believe that these tariffs, while seemingly supportive of domestic industry in the short term, could negatively impact the American consumer due to rising prices and a contraction in trade. The effect may not be limited to the traditional economy, but could extend to alternative assets like crypto, as investors turn to them as a hedge against political and economic volatility. It is important to monitor international reactions, especially from China and Europe, as we may witness a mutual escalation. Markets dislike uncertainty, and Trump knows well how to create it.

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