Trump's renewed trade war could be costly as households and businesses already face an affordability crunch, with new tariffs threatening more pain.

Details

Households and businesses in the United States are already grappling with an affordability crunch, and President Trump's renewed trade war risks adding further strain. A new round of tariffs on imported goods could raise costs for consumers and companies, potentially dampening economic activity and weighing on risk assets like cryptocurrencies. The tariffs threaten to exacerbate existing financial pressures, making it harder for the economy to sustain growth. For crypto markets, the heightened uncertainty and potential slowdown in economic momentum could reduce risk appetite and increase volatility in intraday trading.