400 billion liquidity is coming? Trump's "tariff dividend" proposal stirs the market

Trump's major proposal: to distribute $2,000 per person in cash to the majority of Americans, aiming to inject over $400 billion in liquidity into the market, equal in scale to the 2021 stimulus policy. The funding source entirely relies on new tariffs, and the core premise for its implementation is the Supreme Court's final decision on the legality of Trump's tariff powers.
In the short term, massive liquidity may replicate the "stimulus" market of 2021, directly benefiting U.S. stocks, cryptocurrencies, and other risk assets; however, there are significant risks: similar tariff policies in the past have triggered a 7% short-term drop in the S&P 500 index, and in Q1 2025, the U.S. real GDP has already decreased by 0.3%, with net exports continuously dragging down the economy, which is fundamentally weak. There is also the need to be wary of a rebound in inflation—after the large-scale stimulus in 2021, U.S. inflation soared to nearly 10%, and this liquidity injection may reignite inflationary pressures.
Trading strategies need to anchor on decision nodes: in the short term, opportunities driven by liquidity can be grasped, while in the long term, it is recommended to diversify asset allocation to avoid concentration risks in a single track. $BTC $ETH $BNB #U.S. government shutdown