#TrumpTariffs TrumpTariffs
The recent announcement of new tariffs by President Trump has sent shockwaves through global markets, including crypto. Here's how it might shape global trade and investor sentiment:
-Global Trade Uncertainty: The tariffs, set to take effect on August 1, could lead to a significant contraction in global trade, potentially shrinking it by 0.2% in 2025. This uncertainty might disrupt supply chains, reduce investment, and threaten international cooperation.