Tariff Tsunami: Economist Steve Hanke predicts rough times for US economy

Economist Steve Hanke criticizes Trump’s tariffs, predicting they will lead to severe economic impacts similar to the Great Depression. He highlights an expected increase in input costs for American businesses by 500 billion USD and warns that the current economic policies mirror those of the early 1930s.

XRP’s current price is 2.19 USD, with a market cap of 128.16 billion USD. While the market sentiment remains cautious, technical indicators suggest a potential bullish breakout if resistance levels are breached, with key support at 2.16 to 2.17 USD.

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