European Central Bank reports that tariffs have had a greater negative impact on the U.S. than on other nations 📉

When the U.S. imposes tariffs (taxes on imported goods):
• Imported goods become more expensive
• U.S. businesses pay higher input costs
• Consumers face higher prices
• Inflation pressure increases

Meanwhile, many foreign exporters often:
• Shift supply chains
• Find alternative markets
• Adjust pricing strategies

So instead of weakening other economies significantly, the burden often falls back on:
👉 U.S. companies
👉 U.S. consumers
👉 U.S. inflation

And inflation is exactly what the Federal Reserve has been fighting aggressively.

• Higher inflation → higher interest rates
• Higher rates → tighter liquidity
• Tighter liquidity → pressure on risk assets (including crypto)

#TrumpAnnouncesNewTariffs