🚨LAST🚨
⚠️#Bitcoin FALLS and the SP500 FUTURES erase yesterday's gains amid NEWS about tariffs
Can Trump impose the TARIFFS or NOT⁉️
👉Trump could reinstate tariffs with legal alternatives after the judicial defeat, according to Goldman Sachs
-Among them are:
🔻The imposition of temporary tariffs under Section 122 of the Trade Act of 1974
🔻Expansion of sectoral tariffs under Section 232
🔻The use of Section 338, which allows tariffs of up to 50% against countries that discriminate against the United States
What do government officials think⁉️
👀The White House economic advisor, Hassett, claims that President Trump "has different options" regarding tariffs.
👀He also states that he is "confident" in the appeal of the International Trade Court ruling on "reciprocal tariffs"
What is BEST for #Bitcoin and stocks⁉️
🔹The best scenario would be that TARIFFS are NOT imposed
🔹This could DRIVE the FED to CUT interest rates sooner than expected
🔹It would also be POSITIVE for ECONOMIC GROWTH
🔹Furthermore, it would eliminate the UNCERTAINTY that greatly harms the markets
