MICA Daily｜Trump will announce "reciprocal tariffs" on Wednesday, the market holds its breath.

U.S. President Trump claims that on Wednesday (April 2), he will promote “Liberation Day” and announce a new wave of reciprocal tariff policies aimed at reducing dependence on foreign goods and strengthening the domestic economy. As this day approaches, we observe more dumping behavior in the crypto asset market, with Bitcoin prices slowly sliding down to the $82,000 range, and the overall volume also shrinking, indicating a strong atmosphere of investor hesitation.

Despite economists generally believing that this will lead to rising prices and declining household incomes, Trump insists on implementing it and encourages businesses to invest to avoid tariffs. He proposed a reciprocal tariff policy, taxing countries such as the EU, South Korea, Brazil, and India, meaning that whatever percentage of tariffs other countries impose on the U.S., the U.S. will impose the same tariffs in return. Last week, Trump announced a 25% tariff on imported cars, citing that the U.S. has long been at a disadvantage in trade.

However, regarding inflation, Trump is unconcerned about the impact of tariffs on prices, but instead believes they help promote American-made products. For example, European cars have become too expensive due to tariffs, which will lead European car manufacturers to invest in production lines in the U.S. to avoid tariffs, thereby boosting American manufacturing. He also claims that tariffs can serve as a bargaining chip, help reduce the federal budget deficit, and demonstrate foreign respect for the United States.

Disclaimer: The article only represents the author’s personal views and opinions, and does not represent the views and positions of the blockchain community. All content and opinions are for reference only and do not constitute investment advice. Investors should make their own decisions and trades, and the author and the blockchain community will not bear any responsibility for any direct or indirect losses incurred by investors’ trading.