Crypto currency On July 9, investors thought that the chaos related to tariffs would end. It didn’t. Following the approval of Trump’s tax law, we have seen that the markets have risen in the midst of concerns that the US budget deficit would increase further. But next week there will be bigger things.
August breaking in crypto currencies
August is extremely important for investors and will be a bigger day than July 9. We’re always talking about what Trump said, not what he’s saying. Today’s explanations and previous tariff letters tell us that the dollar will weaken, and that the US will close a little more. Trump It aims to transform imports with a mechanism that will allow to reduce the budget deficit. Essentially, he doesn’t have much intention, like a deal.
The terms of the agreement are very clear, if a country USA If he’s going to make an agreement with him, he should open his market. Tax it should reset its ratio or accept the higher tax rate to be implemented by the USA. In addition, large production centers and countries that host large brands should shift production to the USA. So Trump wants a lot. This shows that agreements are not possible. Crypto investors’ application – the reason will surprise you!
Trump said the following;
“Japan wants a weak currency. I had very different discussions with Chinese President Xi.
I have nothing to do with Epstein.
China and Japan dominated by weak currencies. The low dollar increases the value of customs duties. We evaluate secondary sanctions for Russia, it may be necessary. The EU may have to reduce customs duties.
There is not much maneuvering area for steel and aluminum. Most of the trade agreements are currently completed. Most of the agreements are letters indicating customs duties. In some letters, 10 %, 15 %will write customs duties. If I make a discount on one of the steel customs duties, I have to do it all. I don’t have much chance with Canada. I can apply unilateral customs duties to Canada. There is not much negotiation and I do not focus on an agreement with Canada.
We will send approximately 200 customs duties. I will use customs duty revenues as refund to the Americans. ”
August breaking
In other words, we will see an environment that shaken crypto currencies with 200 different customs duties until Friday. It is very important to have an agreement with the EU, but heavy taxes to nearly 200 countries seem to return to US consumers as goods inflation.
Agreements with Japan, Indonesia, Vietnam were extremely in favor of the United States. If there are agreements with other countries on this scale, crypto currencies may rise with the excitement of interest reduction. But when you look at Trump’s statements as a whole, he says, ım I will apply customs duties to those who do not give what I want. ” Everyone has less than 1 week to be convinced and Crypto Coins It is moving towards a great period of volatility.
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.
