Trump’s trade war: Tariffs, recession risks, and crypto volatility | Opinion

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“TARIFS! 🚨💸 Will They Spark a Crypto Crash? 🤯”

Trump’s trade war: Tariffs, recession risks, and crypto volatility | Opinion

Well, hello there, folks! It’s your old pal Mel Brooks here, and I’m thrilled to bring you the scoop on Trump’s trade war. Now, I know what you’re thinking: “Mel, what’s the big deal about tariffs?” Well, let me tell you, it’s like this: tariffs are like a big ol’ plate of spaghetti – they might look good at first, but soon you’ll be tangled up in a mess! 🍝

Now, I’m not saying Trump is a bad guy, but he’s got some… let’s call them “creative” ideas about trade. Like, who needs international cooperation when you can just slap on some tariffs and call it a day? 🤣

But seriously, folks, the crypto market is feeling the pinch. When Trump announced those tariffs on China, Canada, and Mexico, the crypto market lost a cool $2 billion. That’s like losing all your Bitcoin in a game of digital roulette! 🤠

And don’t even get me started on the recession risks! Consumer spending drives 68% of the US GDP, so if those tariffs drive up prices, it’s like a big ol’ economic slowpoke! 🐌

But wait, there’s more! The Federal Reserve is getting worried about inflation, and they’re like, “Hey, we don’t want to tighten monetary policy too much, or we’ll just make things worse!” 🤔

And then there’s gold, the ultimate safe-haven asset. It’s like the crypto of the old days – it’s still around, and people are still buying it up like it’s going out of style! 💃

So, what’s the takeaway? Well, folks, it’s like this: tariffs might seem like a good idea at first, but soon you’ll be singing “The Tariff Tango” – and it won’t be pretty! 💃🕺

Agne Linge

Agne Linge serves as a head of growth and board member of WeFi, with a robust background in the crypto, DeFi, and fintech sectors. She brings over eight years of experience in the crypto industry, complemented by more than ten years in consulting, where she has honed her skills in advisory services, strategic planning, and business development. Her expertise spans blockchain technologies, including Layer-1s and Layer-2s, as well as centralized and decentralized exchanges and DeFi protocols. With a solid foundation in traditional finance, Agne’s hands-on experience in crypto and DeFi positions her as a knowledgeable voice in the field. She is an active participant in the crypto community, with a vast network that fosters collaboration and innovation. A sought-after speaker, Agne regularly presents at major global conferences, including Devcon, ETH Denver, and ETH Barcelona. Her previous roles as a director at Binance and head of communications at DeGate further highlight her influential presence in the evolving landscape of digital finance.

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2025-02-15 18:32