tariffs

Billy Markus, co-creator of Dogecoin and widely known as @BillyM2k on X, just stirred up another storm – this time not with memes, but with bold criticism of Donald Trump’s tariff policies. In a string of tweets, Markus questioned the logic behind Trump’s trade approach, calling the tariffs an outdated and damaging tool.
💬 “Can we all finally agree that the tariffs are just dumb?” he wrote sarcastically, igniting a fiery online debate.

💥 Tariffs: Economic strategy or political weapon?
Tariffs, introduced under Trump’s “America First” doctrine, were meant to shield U.S. industries from foreign competition. Supporters argue they help reduce unemployment. Markus and others, however, say they backfire – raising prices and weakening global trade ties.
X user @djberg96 tried to defend the policy, saying tariffs are “just a tactic.” But Markus shot back: “Trump acts like tariffs are a fix for everything.”

🤐 Musk, Epstein, and controversy
Things got even more intense when Markus reshared a post by Elon Musk suggesting that Trump’s ties to the Epstein case may be why certain names remain undisclosed. While Musk didn’t go into detail, Markus’s reply hinted at deeper concerns about transparency and influence.
The discussion came right after Musk warned that Trump’s aggressive trade policies could trigger a U.S. recession later this year. Crypto markets – always sensitive to geopolitical drama – reacted swiftly. Bitcoin rebounded slightly while meme coins like DOGE remained highly volatile.

🌐 Politics, crypto, and tariffs: A tangled web
This debate unfolds as the U.S. and China reopen trade talks, making every political tweet or policy hint a potential market mover. While some back Trump’s hardline approach, Markus and many in the crypto community see it as short-sighted populism with real economic risks.
In a related development, World Liberty Financial recently sent a cease-and-desist to the creators of TRUMP Coin – another sign that politically branded crypto projects are attracting both legal scrutiny and public skepticism.

🧠 Conclusion
Trump’s trade agenda continues to ripple through markets, and now through crypto communities too. And when the founder of Dogecoin weighs in, whether with sarcasm or sharp critique, the crypto space listens. If Markus keeps commenting on economic and political shifts, the X crypto crowd is in for more spicy takes.

#BillyMarkus , #DonaldTrump , #Dogecoin‬⁩ , #Tariffs , #CryptoCommunity

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The interest rate market is turning into a battlefield. Traders are bracing for extremes, with some believing the Fed won’t cut rates at all this year, while others expect multiple deep cuts. The main drivers: Donald Trump’s tough trade policies and growing concerns over the U.S. national debt.

📉 Fed, Inflation, and Uncertainty Ahead
While swap markets still expect two 25-basis-point rate cuts by year-end, the options market is preparing for anything from no action to a series of 50-basis-point cuts. This wide divergence stems from Trump’s tariffs on steel and aluminum, which could fuel inflation and hurt employment.
Even major banks are split:
🔹 Goldman Sachs sees no rate cuts until 2026

🔹 Citi expects cuts later this year and advises hedging for downside risk

📊 Big Bets on Derivatives and SOFR Bonds
Speculation is heating up. Open interest on "no-limits" SOFR options has reached 250,000 contracts, worth about $25 million in premiums. Traders are buying aggressive put spreads, aiming for sharp rate cuts — focusing on September and December expiries.
The most active strike price: 95.625, dominating volume for June, September, and December contracts.

📈 Hedge Funds Rally: May Gains Reach +3%
Despite the macro uncertainty, hedge funds posted strong 3% gains in May, benefiting from the weaker U.S. dollar and volatility across FX and equities. Year-to-date returns have now climbed to 5%, according to a JPMorgan Prime Brokerage report.
Breakdown by strategy:
🔹 Equity-focused funds: +3%

🔹 Multi-strategy platforms: +2.5%
Meanwhile, hedge funds reduced short exposure, and asset managers dumped over 1.2 million 10-year bond equivalents.

🪙 Crypto Markets Wild Again: Bitcoin Hits $111.9K, Ethereum Surges
Digital assets were just as volatile. Bitcoin reached a new all-time high of $111,900, before dipping back to around $105,400. Over the past 30 days, it’s still up by 12%.
Ethereum outperformed, gaining more than 44% over the past month. The leading altcoin is now trading at $2,633, with a daily volume of $15.45 billion.
Total crypto market cap peaked at $3.6 trillion, now settling around $3.33 trillion.

#FederalReserve , #WallStreet , #TRUMP , #Tariffs , #MarketVolatility

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On Tuesday, U.S. President Donald Trump signed an executive order doubling tariffs on steel and aluminum imports to 50%, up from the previous 25%. The measure applies to all countries globally, except the United Kingdom, which secured a preliminary trade agreement with the U.S. in May.

❗️The new tariffs take effect immediately.
According to the White House, the move aims to revive and protect the U.S. steel industry, which is under sustained pressure from foreign imports—mainly from Canada, Brazil, Mexico, and Germany. The U.S. imported over 26 million tons of steel last year—a quarter of total usage—and over 40% of aluminum.

UK Gets a Pass
The UK is the only country exempt from the increased tariffs, having signed a deal during a 90-day pause in Trump’s broader tariff implementation. The rest of the world, however, is now subject to the steep new import fees.
Trump first proposed the hike in April but delayed enforcement due to market volatility. Now, the tariffs are back, with the administration emphasizing a clear objective: protect American industry at all costs.

#TRUMP , #Tariffs , #TradeWars , #TradingCommunity , #GlobalMarkets

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U.S. stock markets opened the new week on a positive note. All three major indexes closed in the green on Monday, even as President Donald Trump—now back in the White House—announced a doubling of tariffs on steel and aluminum imports, heightening global trade tensions.
🔹 The S&P 500 rose 0.4%, ending at 5,935.94

🔹 The Nasdaq Composite gained 0.7%, closing at 19,242.61

🔹 The Dow Jones edged up 0.08% to 42,305.48 and entered a bull market, marking a 20% rise from its recent low

Optimism Holds—for Now
Despite the heightened tariffs, investor sentiment remained upbeat on Monday, with hopes that trade negotiations wouldn’t fully collapse. However, Tuesday’s futures suggest that optimism is fading:
🔻 S&P 500 futures fell 0.39%

🔻 Nasdaq 100 futures slipped 0.37%

🔻 Dow Jones futures dropped 159 points

JPMorgan: Current Rally May Be Losing Steam
According to Mislav Matejka, chief strategist at JPMorgan, the recent market rally since April has been driven more by technical factors, such as short-covering and systematic re-risking, rather than strong economic fundamentals. He warned these forces “are no longer at play.”
He noted that investor positioning is no longer cautious, and current stock valuations are stretched. Future gains, if any, will likely depend on real economic performance.
He also warned about the risk of stagflation, where inflation remains high while the economy slows—especially if businesses pass on higher costs resulting from tariffs. Though previous full 20–25% tariffs never took full effect, current average tariffs still hover around 12%, a sharp increase from pre-Trump levels.

Northwestern Mutual Flags Consumer and Jobs Risk
Matt Stucky of Northwestern Mutual Wealth Management said that while markets aren’t showing signs of collapse, a modest correction is possible. “The downside risk is likely a ‘normal’ pullback—unless unemployment starts to rise,” he explained.
He added that consumer spending, which has so far supported markets, could come under pressure. “We’ll see how consumers really react to higher prices later this month and into the summer,” he said.
Meanwhile, U.S. manufacturing is already feeling the squeeze. The Institute for Supply Management reported that factory activity declined for the third straight month in May, and suppliers are taking longer to deliver goods—a clear sign that tariffs are straining supply chains.

Fed Stays on the Sidelines
Dallas Fed President Lorie Logan acknowledged that inflation remains “somewhat above target,” and said the situation is too uncertain to draw firm conclusions. Despite this, markets are currently pricing in two rate cuts by the end of the year, each by 25 basis points.

Tech Stocks Drive Monday’s Gains
Technology stocks helped boost markets:
🔹 Nvidia rose 1.7%

🔹 Meta (Facebook) climbed 3.6%
However, Tesla fell 1.1% following reports of declining monthly sales in Portugal, Denmark, and Sweden, putting pressure on its stock despite broader strength in tech.

What’s Next?
All eyes now turn to Friday’s nonfarm payrolls report, which could provide fresh insight into the stability of the U.S. labor market. The results may reshape expectations for rate policy, trading decisions, and market direction heading into summer.

#WallStreetNews , #TRUMP , #Tariffs , #SP500 , #stockmarket

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The Trump administration has announced an extension of the suspension on tariffs targeting Chinese imports until August 31, 2025. The move comes amidst ongoing trade negotiations and legal disputes that challenge the legality of previous measures. The announcement triggered notable reactions not only in traditional markets but also across the cryptocurrency space, where Bitcoin surged past $105,000.

Federal Courts Challenge Trump’s Tariff Powers
In May, two key court rulings questioned the legal foundation of Trump’s tariff policies. The U.S. Court of International Trade ruled that the tariffs on imports from China, Canada, and Mexico exceeded the powers granted under the International Emergency Economic Powers Act (IEEPA). A day later, a separate ruling from a federal court in Washington, D.C., sided with two American toy companies, finding the imposed tariffs unjustified.
Both courts concluded that IEEPA does not authorize broad use of tariffs as a tool for domestic or international trade policies. The Trump administration quickly filed appeals and requested temporary stays to keep the tariffs in place during ongoing trade talks.

Key Trade Deadline Set for July 8
The White House has now set a firm deadline of July 8, 2025, for securing major trade agreements. If no deals are finalized by then, tariffs will automatically resume after a 36-day grace period.
“This pause is strategic,” said a White House spokesperson. “It allows negotiations to proceed without the immediate pressure of sanctions—but it’s temporary.” Officials insist that tariffs remain a critical tool in enforcing fair trade, especially regarding issues like drug trafficking and trade imbalances.

Crypto Markets React – Bitcoin and Ethereum Rally
The crypto market reacted swiftly to the news. Bitcoin, which had dipped below $103,000, rebounded to over $105,000 following the announcement. This builds on a similar rally in April, when Trump first announced a 90-day pause, sending Bitcoin from $74,500 to over $82,000.
By May, Bitcoin had reached a new peak near $112,000. Other digital assets joined the rally: Ethereum gained 2.67% to reach $2,606.89, while XRP and Dogecoin also recorded daily gains following the extended tariff freeze.

Critics Warn of Tariff Fallout on U.S. Industry
While the Trump administration frames tariffs as a leverage tool, many economists and trade groups warn of long-term consequences. Financial analyst Peter Schiff commented on X:
“Tariffs might help steel and aluminum makers now, but they hurt downstream industries. Jobs will be lost across the board.”
Critics argue that higher import costs disrupt supply chains and weaken the global competitiveness of U.S. manufacturers who rely on imported materials.

#TRUMP , #Tariffs , #CryptoMarket , #BTC , #TradingCommunity

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“