Trump imposing tariffs can lead to high inflation and let me explain why
1. Tariffs make things like electronics, clothes, or materials from other countries more expensive. If businesses rely on these imports, they raise their prices to cover the extra cost. If you're buying something at higher prices you will sell it for higher price right?
2. If imported materials (like steel or parts) are taxed, companies using them to make products (like cars or appliances) will charge more to cover the higher costs.
3. Tariffs protect local businesses from foreign competition. With less competition, local companies might raise prices because they don’t have to worry about cheaper foreign options.
4. If the U.S. taxes imports, other countries might tax U.S. exports in return. This hurts U.S. businesses, and they might raise prices to make up for lost sales.
5. Tariffs can mess up the flow of goods, making it harder and more expensive for businesses to get what they need. This can also push prices up.
6. If everyone thinks prices will go up because of tariffs, workers might ask for higher wages, and businesses might raise prices in advance, creating a cycle of inflation.
In short, tariffs make things more expensive, and those higher costs often get passed on to consumers, leading to inflation.
**Now you might be thinking if tariffs can do so much damage then why does Trump want to impose it? **
I think the main goal is to protect U.S. jobs, reduce trade imbalances, push for fairer trade deals, and strengthen domestic industries. He wants the US to produce more products.
I can share more about why he is interested in imposing tariffs. If you guys are interested, Let me know in comments 👇🏻
Hey crypto fam! 🎉 Are you ready for *ALTSEASON*? It’s just around the corner—*9 days* away to be exact! 🚀 Historically, altcoin seasons kick off about *320 days after the Bitcoin halving*, and guess what? We're almost there! ⏰
If you've got *150* to invest, that could turn into *20,000* in a few weeks if you pick the *right low-caps*! 💰 Let’s dive in and see why you should be excited! 🔥
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*Why Altseason is About to Begin...*
*1. Bitcoin Halving Impact 🪙* Bitcoin halving events have historically led to massive *altcoin rallies*. The market sees increased *liquidity* and *interest* in altcoins, and we’re *almost 320 days* out from the last halving. This means altseason is coming up fast! 🚀
*2. Ethereum (ETH) Leading the Charge 🔥* Ethereum is *on fire* right now! 🔥 ETH is currently trading at *2,801.77*, up by **+1.56
*3. XRP Is Gaining Traction 💥* XRP is also making moves! 🌟 Currently at *2.5723*, it’s up by *+0.56%*. XRP has been gaining momentum as it *pushes against legal battles* and remains one of the strongest altcoins out there. With its solid community and partnerships, it’s looking like a *strong player* in the upcoming altseason. 📈
*4. Bitcoin (BTC) - A Little Pullback 🐻* Right now, Bitcoin is sitting at *96,232.45*, down by **-0.25—
*Why You Should Pay Attention Now 🧐*
Altseason is *almost here*, and it’s the perfect time to get in on some *low-cap altcoins* that could see massive *gains* in just a few weeks! 💥 If you buy wisely now, you could see your150 investment turn into *$20,000*! 🚀💸
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*What to Do Now 💡*
1. *Research Low-Cap Altcoins*: Find those *hidden gems* that haven’t pumped yet but have *strong potential*. 2. *Diversify Your Portfolio*: Don’t put all your eggs in one basket. Mix in some solid altcoins like *ETH* and *XRP* with newer projects. 3. *Hold for the Long-Term*: Altseason typically lasts a few weeks, but you want to hold for as long as possible to maximize your profits. 📈
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*Final Thoughts 💬*
Altseason is upon us, and the *altcoins are ready* to take off! With *ETH* and *XRP* already leading the charge, it’s only a matter of time before other altcoins follow suit. 🔥🔥 Get ready for *huge profits* in the next few weeks and don’t miss out! 🚀
Argentina president tweeted a memecoin "Libra" Reposted it Pp00inned it and then removed it claiming that he isn't involved in any token and i wasn't aware.
They made $87M by removing USDC and SOL from liquidity pools
11 insider wallets have made a profit of $43.8M by dumping LIBRA
These 11 wallets were created a few hours before LIBRA was launched, and funds to buy LIBRA were prepared in advance.
This graph shows the stunning difference in #Altcoins performance so far.
Each of the "Group 1" (turquoise) has addressed a specific problem or narrative and has thus not only outperformed other Alts, but also Bitcoin.
Always DYOR, question team, tokenomics, use case, etc. and don't fall in love with your bags.
Chart Explanation:
The red line shows coins that have underperformed Bitcoin so far, the turquoise line shows 5 coins that have outperformed $BTC . Price is indexed according to their percent change. The percentages at the bottom indicate the delta between the red and turquoise line. Calculations done with Python. #ZeusInCrypto
Futures is great but greed destroyed me, im coming back as i started. One of the problems is too many trades, when i started losing, i increased the leverage to gain back faster, but i just lost faster, leverage mora then 30 is a big nono to me from now on, when i kept it under 30, and the second thing is i took profit more often thats why i was profitable, when i started losing in one trade i was UP 360% a didnt take it because i hope its going more.... So just advice from my experience, less trades, smaller gains, but betting on bigger moves, and dont be Greedy. Love for y'all
If you think , that by looking at these rising and falling lines you will be able to tell which direction they will go in the next moment, then you are a fool. 😆😆😆
Everyone knows that the market here ranges from Rs 10000 to Rs 100000. But millions will continue to be liquidated just because of greed and paying attention to the advice of wrong people. All charts are just for making you fool. Everything is in there control.. all of us are just victims.. 😁😁