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Highlights
- In his tweet, Dogecoin founder Billy Markus points out that Trump’s tariff policies do not help in tough times for the financial market.
- Elon Musk claiming he had Epstein and Trump’s files stirs the debate and Markus points out it may impact the financial market.
- As tariffs and scandals spark heated online discussions, it would enormous consequences on politically-associated cryptocurrencies
A tweet by Dogecoin founder Billy Markus, (@BillyM2k on X), has sparked a heated online debate. The post questioned if Trump’s tariffs could finally be called foolish.
Dogecoin Founder’s Tariff Debate and Political Fallout
Tariffs are taxes on imported goods, used by Trump to protect US industries. Those supporting the president’s move claim these tariffs reduce unemployment, but Markus and others refute that. His message on Twitter seems to show some irritation, as the discussions on trade gain traction.
An X user, Daniel Berger (@djberg96), stated that tariffs may be used as tactics instead of an end goal. The Dogecoin founder replied fourteen minutes after, saying Trump’s stance is confusing and that he often tries to resolve many matters by using tariffs.
After a little while, Markus posted again, asking whether Elon Musk’s claim against the US president might be why markets are falling. Musk had suggested Trump’s involvement in the Epstein files might explain their non-release.
The Epstein files, linked to Jeffrey Epstein, a disgraced financier, are a sensitive topic. The Dogecoin founder’s comment, above Musk’s 13-minute-old post, implies this news would likely shake the global financial markets.
Musk also replied to Markus’ earlier tweet saying that the tariffs introduced by former President Donald Trump would lead to a recession in the second half of this year.
The market has been shaky these days as investors keep an eye on both trade and politics. This comes as Bitcoin rebounds amid news of the US & China agreeing to new trade talks, showing how sensitive markets are to geopolitical developments.
Trade And Scandal Trigger Heated Discussions on the Internet
The discussions fall in line with current efforts to foster global trade. To some people, tariffs help balance unfair competition, while in the eyes of others, they make products more expensive and weaken international connections.
In a related development, World Liberty Financial has sent a cease-and-desist letter to TRUMP Coin creators. This move underscores the growing scrutiny around politically themed cryptocurrencies.
Tariffs are taxes applied on imports of items like steel to aid and support home-based companies. Some people consider Musk’s words as just a rumor, but others claim they will believe if he shares proof.
Since he started his second tenure as US president in January 2025, President Donald Trump has implemented and proposed a series of protective tariffs aimed at reshaping global trade. They are also to protect American industries, and addressing issues like trade deficits, illegal immigration, and drug trafficking.
These tariffs, described as a cornerstone of his “America First” policy, keeps impacting the US economy and global trade relations. This is a developing story and it’s likely the Dogecoin founder will keep sharing more insights about the president’s tariffs’ policy.
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