Volatility takes over the markets after Donald Trump’s ads. Analysts are pessimistic about the impact on the global economy.
He Bitcoin He went down to the U $ S84,700 This April 2, according to Binance After Donald Trump’s ads that the US will impose new tariffs in international trade. The rest of cryptocurrencies also fall strongly, like Ethereum, the second in market value and volume, which goes back 6% to US $ 1,800.
Commercial tensions, especially with the European Union, Canada, Russia and China, are generating great concern in the markets, that closed the first quarter with disparate results. While Europe resisted the onslaught of Trump’s policy, the United States experienced a considerable fall.
Analysts, for the most part, are not optimistic about economic implications of Trump’s tariffs. Goldman Sachsfor example, raised to 35% The risk of recession in the USa significant increase with respect to its previous forecast.
Besides, a slowdown in GDP growth is expectedwhich is now estimated at 1.5%, reflecting the growing concern for the impact of the president’s policies on the global economy. Kathleen Brooks, director of analysis of XTB, warns that the White House could be risking not only the US economy, but also the global, by imposing these tariffs.
Source: Ambito
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