"GREETINGS FROM THE TRUMP SHOW CURRENT SITUATION"♦
Many believed that Trump's tariffs on other nations were only a ploy to put pressure on China. However, it soon became apparent that this was more than just a trade issue. With tariffs being applied more as weapons than as economic instruments, it descended into a full-fledged geopolitical drama.
Rather than reducing the trade deficit, the tariffs had the opposite effect, raising prices, making farmers nervous, and causing some manufacturers to close. Investors panicked, stock markets shook, and Wall Street faltered—the repercussions were severe.
Business executives started raising the alarm that the state of the economy was only going to become worse. "We're already in a recession—we just haven't realized it yet," some even asserted. Chaos engulfed the marketplace.
The worst part is this:
The Trump administration rejected offers from nations like the EU and Vietnam to lower tariffs jointly, a form of truce, citing covert "cheating" in trade practices. It became evident at that point that fairness was not the issue. It was about changing international law to suit American interests.
What about the twist?
Defense equities rose as the rest of the economy faltered. Ironically, the volatility brought on by U.S. policy helped the American defense industry as European countries raised their own military spending as confidence in U.S. leadership waned.
In summary:
This was a power projection in the vein of Trump, not your typical economic maneuver. Additionally, little enterprises and regular people suffered while world powers played chess.
Therefore, it makes sense if cryptocurrency seems unstable at the moment—investors go toward anything that appears to be a safe haven during turbulent times.
The trade battles of today are about survival, power, and control rather than just goods.
Many believed that Trump's tariffs on other nations were only a ploy to put pressure on China. However, it soon became apparent that this was more than just a trade issue. With tariffs being applied more as weapons than as economic instruments, it descended into a full-fledged geopolitical drama.
Rather than reducing the trade deficit, the tariffs had the opposite effect, raising prices, making farmers nervous, and causing some manufacturers to close. Investors panicked, stock markets shook, and Wall Street faltered—the repercussions were severe.
Business executives started raising the alarm that the state of the economy was only going to become worse. "We're already in a recession—we just haven't realized it yet," some even asserted. Chaos engulfed the marketplace.
The worst part is this:
The Trump administration rejected offers from nations like the EU and Vietnam to lower tariffs jointly, a form of truce, citing covert "cheating" in trade practices. It became evident at that point that fairness was not the issue. It was about changing international law to suit American interests.
What about the twist?
Defense equities rose as the rest of the economy faltered. Ironically, the volatility brought on by U.S. policy helped the American defense industry as European countries raised their own military spending as confidence in U.S. leadership waned.
In summary:
This was a power projection in the vein of Trump, not your typical economic maneuver. Additionally, little enterprises and regular people suffered while world powers played chess.
Therefore, it makes sense if cryptocurrency seems unstable at the moment—investors go toward anything that appears to be a safe haven during turbulent times.
The trade battles of today are about survival, power, and control rather than just goods.