📢 Trump’s Tariffs Are Back & What It Means for Global Markets and Crypto💥
President Trump’s administration just reintroduced a wave of steep tariffs, 25% to 40% targeting imports from 14 countries, including major trade partners like Japan, South Korea, and Malaysia. These tariffs, effective August 1, are meant to “protect American manufacturing,” but they may have wide-reaching ripple effects.
📉 Traditional markets have already started reacting, with global stocks dipping and supply chain fears returning.
💸 For crypto traders, this is a moment to watch closely. Trade wars historically push investors toward alternative assets and Bitcoin, gold, and stablecoins often benefit as hedges against uncertainty and inflation.
🔍 Keep an eye on:
- Market volatility in forex and commodities
- Rising inflation risks
- Potential capital flight to crypto
Will history repeat itself like in 2018? Could this be another catalyst for a BTC breakout? 📊