#TrumpTariffs y its impact on global and crypto markets

The recent threat from Trump to impose unilateral “take it or leave it” tariffs on trading partners is generating volatility in traditional markets. This includes an increase in tariffs on steel (up to 50%) and automobiles (proposed 25%+), which directly affects industrial production, inflation, and global supply chains.

💡 For Binance traders, this represents a macroeconomic environment of greater uncertainty, where assets like Bitcoin and stablecoins can act as a refuge against the possible devaluation of fiat currencies or rising product prices.

Additionally, the possibility of trade retaliation and a decline in traditional stock markets could increase the negative correlation between stocks and cryptos, opening up opportunities for hedging and arbitrage.

📆 Watch out for July 9, the deadline announced by Trump to finalize agreements. Any aggressive announcement could trigger abrupt movements in BTC and altcoins.

🔍 Are you protecting yourself with crypto against a new cycle of trade war?