It seems Trump is about to make a big move!
Trump has previously stated that if the "Beautiful Big Plan" cannot be smoothly implemented, the tariffs will rise to 68%!
The Beautiful Big Plan mainly consists of two points: ① The proposal to reduce corporate and personal taxes will increase profits for individuals and businesses, boost consumer growth, and a significant portion of the reduced tax revenue may be used for investment and financial management, which will have a certain impact on cryptocurrencies. ② Reducing government fiscal expenditure, part of which is used for corporate support subsidies and social welfare. Overall, the Beautiful Big Plan is favorable for cryptocurrencies! If key parts are cut, it will cause panic selling among investors!
Follow Liu Bei to learn more!