Ripple Labs CEO Garlinghouse takes a photo with Trump after | Crypto De Nostradame on Binance Square

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Ripple Labs CEO Garlinghouse takes a photo with Trump after dinner.

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Reuters Report: Trump's Tariffs on Automobile, Aluminum and Pharmaceutical Industries! US President Donald Trump announced that he will impose new tariffs on the automobile, aluminum and pharmaceutical industries in the coming days. Speaking at the Cabinet meeting at the White House, the President emphasized the strategic importance of these products and stated that the country should be self-sufficient in possible war or crisis situations. In his statement, Trump argued that America has been "exploited" by other countries for years. He stated that the new tariffs aim to protect American industry and reduce the foreign trade deficit. The President hinted that this move could especially cover products imported from China and Europe. US Secretary of Commerce Howard Lutnick stated in his statement at the meeting that Trump plans to implement extensive tariffs on April 2. He also announced that a new mechanism called the "foreign revenue service" will be put into effect during this process. It is stated that this system will contribute to the American economy by ensuring that more taxes are collected from imported products. While the impact of the new customs duties on international trade is being wondered, possible retaliatory moves, especially from Europe and China, could create anxiety in global markets. As we reported at Kriptokoin.com, Trump implemented the taxes in the European region during his previous presidency. At that time, Bitcoin was clearly harmed by the policies. Trump's new customs duty decision is considered a step that could shake global trade balances. This move, which targets the automobile, aluminum and pharmaceutical sectors, is being closely followed especially by China and the European Union, the largest trading partners of the USA. The taxes, which are expected to come into effect on April 2, create uncertainty in global markets and could reignite international trade wars. $BTC $BNB $SOL #BinanceAlphaAlert #SaylorBTCPurchase #ETFWatch #BNBChainMeme

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