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The global trade situation is once again stirring up turbulence. Starting this week, Mexico will impose tariffs of up to 35% on imported goods from China and India, and this wave of protectionist measures is coming on strong.
At first glance, it appears to be a regional trade dispute, but the impact extends far beyond that. Rising supply chain costs, increased manufacturing expenses, and pressure on global commodity prices—these chain reactions will ultimately influence asset allocation and risk pricing. Especially for emerging market assets, exchange rate fluctuations, inflation expectations, and capital flows may be rebalanced.
The crypto market has always been sensitive to macroeconomic changes. Escalating trade tensions often mean a shift in safe-haven capital flows and may also affect the global liquidity environment. How this wave of tariff policies will evolve is something to watch closely.