#TrumpTariffs

According to Jinshi Data, President Trump announced plans to impose additional tariffs on countries that tax U.S. exports. He also stated that Congress is close to passing the largest tax cut bill in U.S. history, calling it a “rocket” for the U.S. economy. The combination of tax cuts and new trade measures could lead to stronger domestic growth and investor confidence—but may also introduce global trade uncertainty and inflationary risks.

These tariffs have already affected not only the domestic economy but the global ones as well.

Not to mention the crypto market, it is already in red. The US under Trump government is going to experience an unprecedented, both political and economical, turmoils sooner or later for a long term, of course. As for the crypto world, it will stand tall and resilient as always it is.

May the 7 be with you all