---
title: "Trump is back. Whether it's expelling immigrants, raising tariffs, cutting domestic taxes, or callin"
description: "Trump is back. Whether it's expelling immigrants, raising tariffs, cutting domestic taxes, or calling for interest rate cuts, the risk of secondary inflation is significant under the current tight bal"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/25118524.md"
published_at: "2024-11-06T07:56:02.000Z"
author: "[Dolphin Research](https://longbridge.com/en/news/dolphin.md)"
---

# Trump is back. Whether it's expelling immigrants, raising tariffs, cutting domestic taxes, or callin

Trump is back. Whether it's expelling immigrants, raising tariffs, cutting domestic taxes, or calling for interest rate cuts, the risk of secondary inflation is significant under the current tight balance of employment supply.

Mr INFLATION PRESIDENT IS BACK!

Under these circumstances, gold, which had surged earlier, $iShares Gold Trust(IAU.US) seems unlikely to experience a significant pullback.

There are also no lingering concerns about cryptocurrencies, as the only pressure on them comes from regulatory risks. If Trump appoints regulatory-friendly officials to oversee digital currencies, Bitcoin will have nothing to worry about. $Digital currency concept(CP00079.US)

### Related Stocks

- [IAU.US - iShares Gold Trust](https://longbridge.com/en/quote/IAU.US.md)
- [GBTC.US - Grayscale Bitcoin Trust BTC - ETF](https://longbridge.com/en/quote/GBTC.US.md)
- [CP00079.US - Digital currency concept](https://longbridge.com/en/quote/CP00079.US.md)
- [DJT.US - Trump Media & Tech](https://longbridge.com/en/quote/DJT.US.md)
- [DJTWW.US - Trump Media & Tech - CW28](https://longbridge.com/en/quote/DJTWW.US.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.