Goldman Sachs has laid out an interesting thesis: falling tariffs could be a game-changer as the midterm elections approach. The investment bank suggests that tapering trade barriers might inject fresh momentum into markets just when political cycles heat up.

Here's the thinking—tariff cuts typically reduce input costs for businesses, potentially boosting margins and consumer spending. From a crypto perspective, this matters because broader economic stability and growth appetite tend to correlate with risk asset appetite, including digital assets.

The timing is curious. Election cycles historically create policy uncertainty, but Goldman's argument suggests that a pivot toward lower tariffs could actually counterbalance that noise, providing a stabilizing force for asset prices. Whether this materializes depends on actual policy moves, but it's worth tracking how traditional finance sees the macro backdrop playing out.