Trump raises taxes from some technological products: unexpected crypt support?

April 12 Donald Trump surprised the markets by increasing a number of customs rates to strategic technological products. This gesture, in full rivalry with China, immediately powered bitcoins over $ 85,000. This decision far from simple commercial adjustments exceeds industrial balances and sends a strong report: American economic policy is now in line with the interests of digital actors and crypto sector.

A targeted exception that revives technological dynamics

This Saturday, Trump Administration announced that certain technological products will no longer be subject to valuable prices stored with commercial voltage to Beijing. In particular, this exception applies to smartphones, electronic chips and other strategic components. ”These are products that we need to remain competitiveDonald Trump said.

Emphasizes that this measure has been taken ”To avoid suppressing our technological industry when we are in the position of strength». This decision is part of the global strategy for adjusting business barriers in context, where the United States seeks to maintain its domination on global supply chains.

Details of this exception determine:

• Important technological components are now exempt from these surcharges for 90 days;
• The aim is to support the competitiveness of American companies in order to reduce inflationary pressures;
• This exception is perceived as a gesture to an economic ally, while tension remains alive with Beijing.

Such a orientation on the tariff provides stimulating national production without damaging consumers. Several players in the technological sector see the encouragement to invest in research and strengthen industrial capacity on American soil.

In the lessons followed by the announcement, the financial markets showed a clear ascending trend. The S&P 500 closed, reflecting the improvement of investors’ confidence in the face of geopolitical uncertainty.

Especially in the universe of cryptos, however, the impact was the most amazing. Bitcoin, the main barometer of the market, jumped over $ 85,000. He earned the general optimism and perspective of smoother technological logistics chain.

For some analysts, this procedure reflects the expectations of indirect profits that the ecosystem could draw 3. Reduction of electronic components could facilitate the production of mining equipment or projects related to artificial intelligence.

Raoul Pal, a former Goldman Sachs manager, believes this announcement is ”Typical for Trumpian bargaining strategy“Where trade measures serve as a tactical lever as a political signal.

It seems that the administration wants to strengthen its position against Beijing by tightening the conditions for China and at the same time relieving pressure on its economic allies. This hybrid posture could have long -term consequences, especially in bilateral behavior and on international technological value chains. If the recovery of the crypto market is sustainable, other governments could also encourage customs regulations to be a strategic tool in the digital sovereignty plant.

Luc Jose A.

A graduate of the Toulouse and the Blockchain Consultant Certification certification holder and I joined the adventure of Cointribuna in 2019. I convinced of the potential of blockchain to transform many economy sectors, committing to raising awareness and informing the general public about how the ecosysty developed. My goal is to allow everyone to better understand blockchain and take the opportunity they offer. I try to provide an objective analysis of messages every day, decrypt trends on the market, hand over the latest technological innovations and introduce the economic and social issues of this revolution.

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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.