Trump Sharpay Global Tariffs to 15–50% plus Unveil US AI Plan
Former President Trump don announce say e go sharply increase global tariffs dem, increase am from 10% go between 15% and 50%. Japan come agree to reduce im tariffs for US imports to 15% after e promise $55 billion investments. Trade talks with EU, South Korea and India still dey go on before August 1 deadline. For the same briefing, Trump show US AI Action Plan wey prioritize government contracts for top large language model developers, make e easy to get environmental approvals for data centres, and boost power grid infrastructure. The plan wan make AI chip manufacturing dey for inside US and invest for alternative energy, like nuclear fusion. Crypto traders suppose watch well for wahala wey fit come from supply chain disruptions and tight data centre regulations, plus any potential benefit for onshore mining hardware production. Higher tariffs fit cause retaliation and affect global markets. Make una dey alert for any policy update wey fit affect trading strategies and risk appetite.
Bearish
Di big increase for global tariffs dey add wahala for supply chains, e dey raise cost to import mining hardware and tech parts for short term. Tighter data centre rules fit also limit how crypto mining operations dey run. Even though onshoring AI chip production fit help domestic hardware suppliers for long term, immediate outlook dey show more wahala and higher operating costs for miners and traders, wey dey affect market mind.