U.S. President Trump claimed that on Wednesday (April 2), he will promote "Liberation Day" and announce a new wave of reciprocal tariff policies aimed at reducing reliance on foreign goods and strengthening the domestic economy. As this day approaches, we have observed more dumping activities in the cryptocurrency market, with Bitcoin prices slowly sliding back to the $82,000 range, and overall volume also shrinking, indicating a strong wait-and-see sentiment among investors.
Although economists generally believe that this will lead to rising prices and declining household incomes, Trump insists on implementing it and encourages businesses to invest to avoid tariffs. He proposed a reciprocal tariff policy, taxing countries such as the EU, South Korea, Brazil, and India, meaning that the U.S. will impose the same proportion of tariffs as other countries impose on the U.S. Last week, Trump announced a 25% tariff on imported cars, citing that the U.S. has been at a disadvantage in trade for a long time.
However, regarding inflation, Trump is concerned.