Subject: Comprehensive Report on President Donald Trump's Economic Measures, Cryptocurrency Enterprise, and Transparency Concerns
Date: April 3, 2025
1. Overview
This report consolidates the key developments under President Donald Trump's current term relating to sweeping tariff policies, the launch of the $TRUMP cryptocurrency, alleged mechanisms of political favour-trading, and emerging parallels with authoritarian models of governance. It also addresses the United Kingdom's response, including its post-Brexit capabilities and strategic leverage.
On April 2, 2025, President Trump initiated broad-based import tariffs under a programme labelled "Liberation Day." These measures are marketed as tools to revive American industry but have provoked significant domestic and global consequences.
Tariff Details:
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General Import Tariff: 10% on nearly all foreign goods
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Country-Specific Increases:
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China: 34%
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EU: 20%
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Japan: 24%
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Cambodia: Up to 49%
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United Kingdom: 10%
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Economic Effects:
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The UK has suffered substantial economic losses due to Brexit. Independent estimates, including those from the Centre for European Reform, suggest that by 2025 the UK economy is more than £40 billion smaller annually than it would have been inside the EU.
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Trade volumes, investment levels, and labour productivity have all been negatively impacted, with many UK-based firms reporting increased costs and decreased market access.
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The loss of frictionless trade with the EU has not been offset by new trade deals, which have offered only marginal economic benefits.
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The 10% U.S. tariff now compounds these losses, disproportionately affecting key export sectors such as automotive, aerospace, and pharmaceuticals.
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A 10% tariff on UK goods adds additional post-Brexit pressure to the UK economy, compounding the losses already incurred since leaving the EU.
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According to the Office for Budget Responsibility (OBR) and Centre for European Reform, Brexit has reduced UK GDP by approximately 4% annually compared to if it had remained in the EU, with trade volumes and investment significantly impacted.
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The additional US tariffs are expected to worsen this economic drag, particularly affecting sectors reliant on transatlantic trade.
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While proponents of Brexit promised gains from independent trade policy, there is little evidence of any major economic upside materialising. Trade deals struck post-Brexit (e.g., with Australia or Japan) have delivered minimal GDP impact, often measured in fractions of a percent.
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In this context, the UK’s lack of influence in EU collective trade retaliation, combined with its direct exposure to US tariffs, raises questions about whether Brexit has achieved any tangible economic benefit.
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The Dow Jones dropped 1,400 points; S&P 500 and Nasdaq fell by 4% and 5.1%, respectively.
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U.S. household costs are projected to rise by an average of $1,350 per year.
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Global economic forecasts have been revised downward amid recession concerns.
International Reactions:
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China and EU condemned the measures and are considering retaliation.
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UK Response: The UK launched a four-week consultation on counter-tariffs and proposed incentives to appease U.S. tech firms. Although it lacks EU-scale negotiating power post-Brexit, it retains strategic tools, including:
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Independent WTO membership
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Control of bilateral trade deals
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Defence leverage via key military agreements (e.g., US–UK Mutual Defence Agreement, Polaris Sales Agreement)
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Strategic intelligence and military collaboration as part of NATO
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These elements collectively strengthen the UK’s negotiation stance.
3. $TRUMP Cryptocurrency: Structure, Influence, and Ethics
On January 17, 2025, Trump launched a meme cryptocurrency, $TRUMP, on the Solana blockchain.
Key Facts:
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Total Issuance: 1 billion tokens
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Public Sale (ICO): 200 million released
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Retained Holdings: 800 million coins owned by Trump-affiliated firms
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Market Capitalisation (within 24 hours): $27+ billion, valuing Trump’s holdings at over $20 billion
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Revenue Reported by March 2025: $350 million through fees and token sales
Concerns Raised:
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Conflict of Interest: Trump actively influences market conditions through public policy while profiting directly from token valuations.
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Regulatory Blind Spots: $TRUMP operates outside traditional campaign finance and lobbying transparency rules.
Potential Use as Influence Tool:
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Companies or nations could buy $TRUMP tokens en masse to indirectly enrich Trump while signalling allegiance.
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Loyalty through endorsement or financial engagement may be rewarded with softer policy decisions.
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The lack of regulatory oversight on crypto raises serious questions about hidden transactions and quid-pro-quo influence.
4. Parallels with Putin’s Consolidation of Power in Russia
The structure and implications of these actions bear a striking resemblance to the methods employed by Vladimir Putin during his rise to and consolidation of power in Russia:
Economic Pressure for Political Loyalty:
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Putin demanded fealty from oligarchs; those who refused (e.g., Mikhail Khodorkovsky) were prosecuted or exiled.
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Trump has used tariffs and economic threats to punish critics and reward allies.
Control Through Wealth Mechanisms:
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Putin controlled oligarchs via access to state resources; Trump’s $TRUMP coin may serve as a modern equivalent, where alignment with Trump’s agenda could imply access to favour or protection.
Undermining Democratic Institutions:
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Putin systematically eroded press freedom, judicial independence, and electoral integrity.
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Trump has repeatedly attacked the media, courts, and democratic processes, culminating in attempts to overturn the 2020 election and hinting at authoritarian ambitions.
Cult of Personality:
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Both leaders have cultivated strongman images and demanded personal loyalty over institutional loyalty.
Though Trump operates within a democratic framework, analysts warn that repeated erosion of norms, coupled with financial self-enrichment via political influence, mirrors early stages of authoritarian consolidation.
5. Presidential Enrichment and Transparency Risks
While past U.S. presidents have monetised their post-office careers, Trump has monetised his presidency in real time:
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Trump forfeited his $400,000 salary as a symbolic gesture, but gained billions through brand monetisation, real estate deals, and now cryptocurrency.
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His financial structures allow private gain with limited oversight, giving rise to unprecedented ethical concerns.
Foreign Influence via Crypto:
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Russian-linked wallets or oligarchs could feasibly buy large amounts of $TRUMP tokens.
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Blockchain anonymity (especially when paired with mixers or privacy coins) enables hard-to-trace transfers of wealth.
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Traditional banking scrutiny doesn't apply, making foreign financial influence more plausible.
Though no verified cases of foreign bribery via crypto have been exposed, the infrastructure exists—and oversight remains limited.
6. Conclusion
President Trump’s policies and ventures—most notably the $TRUMP coin—highlight a shift from traditional governance to personal financial gain. His tariff actions have destabilised global markets, while his direct involvement in speculative digital assets raises profound ethical and legal questions.
Combined with authoritarian-style loyalty enforcement and regulatory loopholes, these developments pose a serious challenge to U.S. democratic norms and global economic stability.
Meanwhile, Mr Putin continues to get a Birthday every day, having received nearly everything he could have hoped for: division within the United States, tensions within NATO, a fractured transatlantic alliance, and a dramatic shift in Western media and political focus away from Ukraine. Trump’s actions—whether through intent or consequence—have aligned with the key strategic objectives of the Kremlin.
Ongoing scrutiny, international cooperation, and domestic safeguards are essential to prevent the normalisation of self-enrichment and influence peddling at the highest levels of government. are essential to prevent the normalisation of self-enrichment and influence peddling at the highest levels of government.