#TrumpTariffs

Donald Trump just claimed that America is beating China in the crypto game — but there’s more to the story. While he’s making those bold statements, his family is actually cashing in on their own TRUMPcoin memecoin, which is raising some serious ethical questions. According to a recent New York Times article (May 13, 2025), the profits from TRUMP coin are directly benefiting the Trumps.

Even more wild — a struggling company with links to China just bought $300 million worth of TRUMPcoin and Bitcoin. That move might’ve pumped the price, even though the coin doesn’t do much besides hype.

And all of this is happening while the U.S.-China tariff war is heating up again (per Reuters, May 14). That tension is shaking up crypto markets. Some experts say it might spread out Bitcoin mining more globally, but China still holds a huge chunk of the mining power, according to an April 2025 report from CCN.