trumpstarrifs

#TrumpTariffs #Republicans #House & #Senate Overturn Rule Limiting Bank #OverdraftFees to $5
#RepublicanlLars do nothing 4 us while #Trump crashes economy , compromises national security & destabilizes employment , #recession
All 2 support insane #trumpstarrifs

**The Unexpected Impact of #trumpstarrifs on Crypto**

While Trump-era tariffs were aimed at reshaping global trade, their ripple effects extended into unexpected areas—including the cryptocurrency space.

Here’s how:

- **Mining hardware costs soared**: Most crypto mining rigs are manufactured in China. With new tariffs on Chinese electronics, prices rose sharply, squeezing margins for U.S.-based miners.
- **Supply chain disruptions**: Delays and increased costs in shipping mining equipment meant slower upgrades—lost time is lost money in crypto.
- **Geographic shifts in mining**: As profitability dropped in the U.S., some operations moved overseas, changing the global mining power map.
- **Investor sentiment shifted**: The broader uncertainty of the trade war nudged some investors toward Bitcoin as a hedge—strengthening its "digital gold" narrative.
- **Push for domestic innovation**: Ironically, the tariffs spurred more interest in local blockchain infrastructure and non-Chinese mining alternatives.

**Bottom line:** Policies aimed at traditional industries can still shake the digital world. Crypto, though decentralized, is not immune to global trade dynamics.

#Crypto #Geopolitics #tradewar