Trump’s task was great in terms of getting rid of and recognizing the destructive sanctions of crypton. But for 4 months Trump’s Tariffs Because of this wonderful development remained in the shadow and investors suffered huge losses. So what direction do the talks continue? How much are US companies affected by tariffs? And most importantly, how long will this negative pressure on crypto currencies take?
US Customs Tariffs
Today, we talked about the important developments of the coming days in the early hours. Here we have also written that PMI data will provide a significant damage to the first effects of tariffs. S&P Global’s purchasing managers and will be published on Wednesday PMI data The tariffs announced on April 2 and the 90 -day April 9 pause decisions on the economy will show the effects of the economy.
For the manufacturing industry, PMI is expected to decrease from 50.2 to 49.4 last month to 49.4 and from 54.4 to 52.8 for service providers. As we have always mentioned, it means growth of over 50 and contraction in companies in the sector.
Santander Stephen Stanley, Chief Economist of the US Capital Markets, said;
“I want to see how the manufacturing industry reacted to customs tariffs the most. Did orders have fallen? Stocks accumulated? How much have increased material prices?”
In order not to see abnormal deviation in growth targets under the influence of the European Union tariffs, interest rates recently reduced 25BP. The US will begin to see what the tariff effects mean for companies more clearly on Wednesday.
Will crypto coins rise?
If the PMI data is abnormal, it will be more pressure to soften Trump as well as the fluctuation in the bonds. If we see numbers that reflect the problems in production, these crypto currencies can also prepare the ground for softening tariffs that may cause relaxation.
As a matter of fact, China constantly threaten the upper screen Trump Since we started to say that they could agree by meeting now, we have written that we have reached the summit of the mountain of horror caused by the tariffs and that we could land down the summit. The faster it is, the better the crypto coins.
Crypto Coins If the other important thing we will follow in the coming days ChineseThere will be details about the negotiations with the countries/regions affected by the EU and other tariffs. Trump and his team gave a lot of information about the process in the days we left behind and I was told that at least 15 agreements were on the table.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.