💥 Trump and his tariffs are making headlines! 📢
Trump is shaking up the table with tariffs: 10% on everyone, 30% on Mexico and the EU, and a brutal 245% on China since August 1. 😱 What does he say and how does it affect #Crypto? Let me explain it clearly!
1️⃣ Trump on X: "Tariffs to save the U.S.!": On Truth Social, Trump shouted that his tariffs will "revitalize the economy" and that Mexico is not doing enough against fentanyl. But the tariffs have raised prices (even clothes are more expensive!), and that pushes people towards #BTC and #ETH as a refuge. 🚀
2️⃣ Talks with Mexico and Canada: Trump called Mexican President Sheinbaum and Prime Minister Trudeau, and managed to pause 25% tariffs on both countries for a month in February. Now, with the 30%, tensions are rising. If the dollar continues to weaken (-10% this year), tokens like #SOL or #ADA could rise. 📈
3️⃣ Inflation and DeFi to the rescue: Trump said on NBC that he is "focused on the present", but his tariffs are raising inflation (2.7% in June). If prices skyrocket, #DeFi like #UNI or #AAVE could attract those looking to protect their money. 💪 Watch out! Memecoins like #DOGE could fall if the market gets scared.
⚠️ Not everything is what it seems: Trump promises to "make America great again", but his tariffs will already cost $1,300 per household by 2025. Also, he changes his mind quickly (up, down, negotiates!). Stick with official news and don’t fall for the hype. 🕵️
💬 Do you think #BTC will be the winner or do you prefer #DeFi? Let us know and vote on Binance! 🗳️
#Cryptocurrencies #Trump #Tariffs #Binance
