Donald Trump confirms the implementation of 10% tariffs aimed at increasing U.S. revenues and supporting economic policy.
Introduction to Trump's Tariff Policy
Donald Trump announced a 10% global tariff that will take effect on April 5, 2025. This measure aims to address economic challenges and strengthen the U.S. position in international trade. In his statement, Trump remarked, "Using his IEEPA authority, President Trump will impose a 10% tariff on all countries."
Expected Impact of Tariffs on Economy
The introduction of tariffs is viewed as a means to increase government revenues and stimulate economic growth. It is expected to lead to higher tax collections and strengthen public finances. Consequently, there has been an increase in market speculation regarding Fed policies.
Market Reaction and Interest in Cryptocurrencies
Some experts believe that Trump's tariff policies may indirectly influence cryptocurrency markets, as investors seek to hedge against fiat inflation. In times of uncertainty, Bitcoin and other crypto assets are often seen as safe havens. For instance, Bitcoin's current price is approximately $96,529 with a slight decline over the past 24 hours.
Thus, Trump's tariffs may significantly impact not only the U.S. economy but also global markets, including the cryptocurrency sector, offering investors alternative options to mitigate risks.
