Trump raises global tariff rate to 15%, but crypto markets are unfazed

💡 DMK Insight

Trump’s pivot to alternative legal routes for tariffs could shake up market sentiment, especially in sectors heavily reliant on imports. If traders are watching the trade landscape, they should note that any new tariffs could lead to increased costs for consumers and businesses alike, potentially impacting inflation rates and consumer spending. This is particularly relevant for commodities and stocks in manufacturing, retail, and technology sectors that depend on foreign supply chains. Critics argue that his authority is limited, which could lead to uncertainty and volatility in the markets. Keep an eye on how these developments affect the broader economic indicators like CPI and PPI, as they could signal shifts in monetary policy. On the flip side, if Trump’s measures are perceived as ineffective, it could lead to a rally in markets as fears of trade wars ease. Watch for key economic reports in the coming weeks that could provide insight into how these tariff strategies are impacting the economy and market sentiment.