Amid growing demand for safe-haven assets due to a US government shutdown, stimulus checks may bring an “additional liquidity catalyst,” market analysts told Cointelegraph.
United States President Donald Trump has floated the idea of using import tariff revenue for another stimulus package, signaling a potential tailwind for crypto markets, alongside the ongoing government shutdown.
Trump said he is considering giving Americans up to $2,000 in stimulus checks funded by revenue generated from import tariffs, according to an interview on the One America News Network published on Thursday.
While the revenue from tariffs is just “starting to kick in,” they will ultimately generate “over a trillion dollars a year,” said Trump during the interview, adding that another part of the revenue will be used to pay the nation’s $37 trillion federal debt.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments