#TrumpTariffs
In July 2025, former President Trump announced tariffs ranging from 10% to 70% on imports from BRICS countries and partners without trade agreements, effective from August 1st. The decision heightened uncertainty in global markets, impacting stocks, the dollar, and fixed income, as investors sought refuge in gold and crypto. In the crypto segment, sectors like Bitcoin and Ethereum saw increases, attracting capital from investors avoiding traditional stock markets. Despite the volatility, analysts cite a history of recovery and average gains of 26% after peaks of tariff tension.