🚨 #TrumpTariffs What You Need to Know

🔹 New Global Tariff Blitz

President Trump has launched sweeping “reciprocal” tariffs—imposing 10–25% duties on imports from China, Canada, Mexico, the EU, and even automotive and tech goods like smartphones and cars—part of what he dubbed the “Liberation Day” economic strategy .

🔹 Retaliation Ripples

Canada slaps back 25% tariffs on U.S. exports; China and Mexico hit key sectors too. The EU remains on alert, preparing countermeasures on cars, chips, and pharmaceuticals .

🔹 Market Turmoil & Risk Off

Global markets have turned volatile—auto manufacturers are hit hard, there's renewed supply chain risk, and analysts warn this could drag global growth to its weakest since the 1960s .

🔹 Macro Fallout

The IMF and OECD have downgraded global growth—tariffs may shave 0.3–0.8 pp off U.S. growth and trigger higher inflation, prompting central banks to rethink rate decisions .

🔹 Crypto & Risk Assets

Crypto markets briefly dipped amid panic, then recovered as traders factored in macro uncertainty. BTC/ETH held strong relative to stocks, suggesting crypto is now seen by some as a macro hedge .

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Why it matters for Binance traders:

🛡️ Risk-on/Risk-off swings may boost Bitcoin and alt‑coins when equities wobble.

📈 Geopolitical shocks often trigger crypto safe‑haven rallies.

🔍 Stay nimble: macro shifts could present entry points or signals to hedge.