US Tariff Increases Have a Major Impact on the Global Economy

The increase in US import tariffs since the beginning of this year is starting to "bite" the global economy. UBS analysts say the average tariff burden is now 16%, up 2% from early 2025 โ€” equivalent to a $500 billion tax for US importers! ๐Ÿ˜ฑ

Trump's "reciprocal" tariff pause will expire on July 9. New tariffs could rise to 70%! Although the implementation plan has been postponed until August 1, investors remain cautious.

๐Ÿ“‰ Global hard economic data is actually deteriorating faster than expected.

Companies that rushed to secure orders before Trump's "Liberation Day" last April are now starting to slow down.

โžก๏ธ What does this mean? High uncertainty could be a volatile moment for the crypto market. Ensure your trading & investing strategy is ready to face global shocks!

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