According to The Kobeissi Letter, President Trump has officially declared his intention to raise tariffs on both steel and aluminum from 25% to 50%, effective June 4th (source: Twitter, The Kobeissi Letter, May 30, 2025). This significant increase is expected to heighten volatility in global commodity markets, potentially driving up manufacturing costs and impacting related equities. For crypto traders, the announcement may trigger increased demand for digital assets as investors seek alternatives to traditional markets facing new trade barriers, with historic trends showing capital flows into Bitcoin and leading altcoins during periods of economic uncertainty (source: CoinDesk, previous tariff hikes).

According to Fox News, President @realdonaldtrump announced live that the United States is now fully committed to the 'Made in America' policy, specifically emphasizing that the best and strongest steel will be produced in America, particularly in Pennsylvania (source: Fox News, May 30, 2025). This concrete protectionist stance is likely to affect global steel supply chains and could drive volatility in commodity markets, impacting related stocks. For cryptocurrency traders, such national industrial policies typically drive increased interest in hedging assets like Bitcoin and tokenized commodities, as traders anticipate shifts in inflation and risk sentiment following trade policy changes.

According to @RepMaryMiller in an interview with @BreitbartNews, the agricultural sector in Illinois, particularly grain, cattle, and hog farmers, has faced decades of tight profit margins. Miller emphasized that farmers in her district strongly support President Trump's tariff policies, which are seen as protective of domestic agriculture (source: @RepMaryMiller via @BreitbartNews, April 25, 2025). For traders, this local backing suggests continued political support for tariffs, which historically impact the pricing and volatility of agricultural commodities such as corn, soybeans, and livestock on futures markets. Market participants should monitor U.S. tariff policy developments, as these can affect export competitiveness and influence global supply-demand dynamics for key agricultural products.