Trump Ensures Tariffs Will Be Imposed Tomorrow, Bitcoin Drops to US$84 Thousand
President of the United States (US) Donald Trump in his interview at the White House confirmed that the tariffs to be imposed on Canada and Mexico will start tomorrow local time.
"The most important thing is that the tariffs tomorrow will be imposed on Canada 25% and Mexico 25%. So the only way to avoid that is to build your business in the United States," said Trump.
As a result of his statement, the price of Bitcoin plummeted by 10% from US$93 thousand to US$84 thousand in today’s trading. Not only that, its market capitalization also fell to US$1.6 trillion.
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