US Double EU Auto Tariffs to 50% wit $750B; XRP Impact
Crypto strategist Levi Rietveld highlight new US-EU trade deal wey double US auto tariffs on European cars from 25% to 50%, plus secure $750 billion investment for US. Rietveld explain say although di higher tariffs fit reduce long-term revenue, di upfront financial injection go balance potential losses and strengthen US economic position. E also state say economic pressure don shift to EU policymakers, dey share di burden between governments and auto manufacturers. Even though e analysis focus on macro trade dynamics, e tweet wey mention XRP show possible connection between big policy changes and digital asset capital flows. Traders suppose dey watch how these regulatory and fiscal changes fit affect XRP liquidity, market sentiment, and cross-border funding trends.
Neutral
Even if di agreement dey secure plenty U.S. investment and e dey shift economic power to America side, e no clear as e go affect XRP trading directly. If car tariffs high, e fit make U.S. dollar strong, and e fit make institutional and retail investors look for better returns for other assets like XRP. But dis connection no dey direct; e depend on how market feelings be everywhere. Past similar big policy changes don cause mixed reactions for digital asset markets: like for 2018 trade tensions wey cause both big jumps and sell-offs for cryptocurrencies based on risk feelings. So, traders suppose see dis development as neutral until e clear how capital dey flow go XRP.