#USTariffs Tariffs: 25% on non-USMCA Canada/Mexico goods, 10% on energy/potash; 20% on China imports. Started March 4, exemptions adjusted by March 7.
Retaliation: Canada: 25% on $107B U.S. goods; Mexico: plans measures; China: 15% on U.S. farm exports.
Economic Impact: $142B revenue, ~$1,072/household tax, 0.2%–0.3% GDP drop, 223K job losses, higher prices expected.
Crypto Impact
USD Strength: Stronger dollar may dip crypto prices short-term.
Inflation/Uncertainty: Inflation could hurt (rate hikes) or help (safe-haven appeal).
Trade Disruption: Mining costs up, DeFi might gain.
Sentiment: Volatile; X traders cautious, Trump’s pro-crypto stance a wildcard.
Outlook: Short-term dips possible, long-term hinges on trade war scale.