Peter Schiff dey criticize Trump EU Tariff Threat as Market Manipulation, E dey raise yawa for Crypto Market
US and European stock markets no too shake after former President Donald Trump talk say hin go put 50% tariff for European Union imports. Plenti analyst dem see am as negotiation tactic no be say e go happen sharp sharp. Economist dem reason say if e happen, the tariff go low anyhow but dem warn say the kind move fit spoil both US and EU economy—fit make Germany GDP comot 1.7% and cost US consumers pass $180 billion. The EU don ready to do counter move wey go target US goods and maybe technology. Famous economist Peter Schiff talk say Trump tariff threat na 'market manipulation', e talk say political moves like this fit cause market wahala and make investors vex. Schiff talk come as financial sector dey face job cuts and fiscal wahala, e make dem more sensitive to outside risk dem. Crypto traders suppose watch well well because as US and EU trade tension dey increase, e fit cause market shock, affect Bitcoin price and the whole crypto market behavior as volatility increase, interest rate cut go delay and inflation wahala go show.
Neutral
Both news dem show say di stock and crypto market no too react immediately after Trump talk say e go put tariff for EU imports, analysts see the talk as negotiation tactics. Economist Peter Schiff talk say di market fit get wahala like high volatile and market manipulation due to trade tension, but major impacts like high inflation or making rate cuts slow no too sure unless things go get serious. For now, crypto traders suppose dey watch well, because more things fit cause market wahala, but as e be now, price impact look neutral.