• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Possible Trade Conflict: Effects of Trump's Decisions

user avatar

by Giorgi Kostiuk

a year ago

A closer look at Donald Trump’s proposed tariffs and their potential consequences for the global economy.

New Tariffs and Their Impact

Donald Trump announced plans for a 25% tariff on goods from Canada and Mexico and 10% on Chinese imports. These countries are the largest trading partners of the U.S., with imports totaling over $1.2 trillion in 2023. Economists warn such tariffs may drive inflation and interest rates up, leading to higher consumer prices.

Tariffs are paid by importers, not the countries that export the goods.

Impact on Currency Markets

Trump's aggressive trade policies have already affected currency markets. On Thursday, the USD/JPY pair dropped, with the Japanese yen strengthening by 2% against a weaker dollar. This indicates a move towards safe haven assets and a long-term bearish trend for the dollar.

Reaction of the U.S. Federal Reserve

The U.S. Federal Reserve's minutes confirmed that inflation is moving towards the 2% target. Plans to lower interest rates are aimed at supporting economic growth and labor market recovery.

Trump's initiatives could significantly impact the global economy and currency markets, necessitating close monitoring of the administration's next steps.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Zama Purchases KKRT Labs to Improve Blockchain Scalability.

chest

Zama has acquired KKRT Labs to enhance its blockchain scalability and confidentiality capabilities.

user avatarFilippo Romano

Avalanche Set to Implement Granite Mainnet Upgrade

chest

Avalanche is preparing for its Granite Mainnet upgrade on November 19, 2025, which aims to enhance scalability and utility amidst recent price fluctuations.

user avatarEmily Carter

DePIN Sector Shows Resilience Amid Crypto Market Weakness

chest

The DePIN sector stands out as the only area of strength in the crypto market this week, with notable gains from Arweave and Filecoin.

user avatarTomas Novak

BlockDAG Enters Value Era with Successful Fundraising

chest

BlockDAG's Value Era marks a strategic shift towards transparency and measurable delivery, with a presale raising $435 million and a focus on institutional confidence.

user avatarKaterina Papadopoulou

BullZilla and La Culex Show Impressive Numbers in Meme Coin Market

chest

BullZilla and La Culex are making waves in the meme coin market, with BullZilla raising over $1 million and achieving a remarkable ROI of 210,505%. Meanwhile, La Culex has attracted over 14,000 in its presale.

user avatarMaya Lundqvist

ECB Targets Digital Euro Launch by 2029 Amid Positive Discussions

chest

The European Central Bank is targeting a digital euro launch by 2029, pending legislative agreements.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.