While the tariffs of US president Donald Trump have created an unpredictable trade environment, some members of his administration have invested in sectors influenced by his policies, including Bitcoin (Btc).
On Tuesday, the Trump administration announced that it would expand the tariff delay in China. At the same time, the United States Commerce Department will introduce aluminum tariffs to more than 400 different products, including wind turbines, mobile cranes, metals, motorcycles and construction equipment.
The lack of realization of Trump’s trade tariffs has raised concerns with national trading groups such as the National Foreign Trade Council (NFTC), which Says These are “delays of growing up, interrupting operations, and increasing legal concerns with companies.”
In the midst of this uncertainty, officials connected to the Trump administration deepened their contact with crypto and businesses affected by his trade policies.
Bitcoin’s firm bought a firm in the middle of the tariffs
Recent FILIES IN SECURITIES AND EXCHANGE COMMISSION, AS reported Through the mud, show that US secretary of the US commercial Howard Lutnick, through his family -controlled company, Cantor Fitzgerald, has actively invested or destroying sectors affected by Trump’s economic policies.
While US law includes some provisions to protect against conflicts of interest, Lutnick received A removal on July 8, allowing him to participate “on specific things … which could have a direct and unpredictable effect on Cantor Fitzgerald.”
According to a 14th August File with the SEC and subsequently Assessment From the Quiver Quantitative, Cantor Fitzgerald has invested in a honest Bitcoin (FTBC) intelligent source of funding (FTBC) as well as stocks with companies such as Chip manufacturers AMD, Tesla, Alibaba and Robinhood.
Cantor’s investments in FTBC and trading platform Robinhood are $ 120.7 million and $ 116.8 million, respectively. It came after Bo Hines, executive director of the Presidential Council of Advisers on Digital Assets, suggested After an interview with the White House in April that the government could use tariffs to fund purchases for the newly created strategic bitcoin reserve.
Related: US should fund the Bitcoin Strategic Reserve with Surplus of Tariff: May -Set
Meanwhile, Cantor’s other investments are considered by analysts as either resistant to tariff policies, in the case of the Chinese e-commerce site that is alibaba or directly benefiting from tariffs, in the case of Tesla.
Bartlett Naylor, a financial policy advocate on the public’s guardian, tells Sludge, “When the Oxford English dictionary next updates the conflict-of-interest, it will use Cantor Fitzgerald’s Crypto ventures and the Lutnick Connection as a prime example.”
Other members of Trump’s inner circle showed reported opportunities of conflict of interest. David Sacks, the Administration’s Crypto and Ai Czar, Sold A few $ 200 million in crypto investment at the beginning of Trump’s second term to avoid such claims.
However, following the divestment, also sack received A similar removal of Lutnick, claiming that “the financial interests covered by this removal are less large that are considered likely to affect the integrity of your government services.”
On July 11, US -based firm Vultron announced It received $ 22 million in the firm of the venture capital firm of sako, craft ventures. The firm, pursuing federal contracts, even mentioned sacks in its announcement, stating:
“The craft ventures, founded by White House AI advisor David Sacks, supports the rotation, which signed the investor’s confidence that Vultrons (SIC) is the category defining system for the Federal Growth of the AI-driven Federal.
Investing from the sack firm has arrived as AI companies expand investments in data and career centers for predominance. The development of AI was thrown away as the top priority for Trump management. The White House released its AI action plan on July 10, which included investing in production capacity for AI hardware. Trump also agreed on hardline deals with individual tech companies that make semiconductors for AI.
The uncertainty as Trump delayed another 90 days
On Tuesday, US Treasury Secretary Scott Bescent Says That the status quo of the 90-day delay in China “works well.”
In an interview with CNBC, he said tariffs were expected to bring $ 300 billion income but he wanted to change dramatically.
Trade groups are less optimistic about the effects of having tariffs on the American economy. The NFTC said “economists and industry experts have warned of widespread potential impact on supply chains.”
The trade group said tariffs create uncertainty and increased cost of raw materials throughout the supply chains.
Related: Tariffs, explained: how they work and why they are important
“In sectors such as advanced manufacturing, stakes are particularly high. Four of five companies say tariffs threaten their ability to change in areas critical to competitiveness, from fuel efficiency to safety and maintenance,” he said.
Tariffs not only affect big business but consumers are also day -to -day. The budget lab at Yale University Says In an August 7 report “the price level from all 2025 tariffs increases by 1.8% short -term, equivalent to an average per household income loss of $ 2,400 in 2025.”
Tariffs on that -imported food have led to jump with domestic yield. In July, wholesale prices for domestic fresh and dry vegetables were 38.9% higher than last year.
Tariffs have not yet affect construction materials, but the home depot, a large home improvement and chain of construction materials, Says Home -owned people delay large projects, as prices have increased due to tariffs. The company said it was trying to offset the effects of tariffs on prices by varying its supply chain.
The US and World’s economy are still waiting to feel the full impact of Trump’s unpredictable trade policy. While this leads to uncertainty and some increases of costs for investors, it is clear that some members of his administration are willing to use that with their own benefits.
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