Former US President Trump proposed imposing high tariffs on imported goods, including **a 10% global baseline tariff** and **tariffs of over 60% on Chinese goods**. If he is re-elected, it could lead to:

- **A shock to global trade** and supply chains, exacerbating inflation.

- **Increased demand for cryptocurrencies like Bitcoin**, as a hedge against economic fluctuations.

- **Deterioration of US-China relations**, which may affect cryptocurrency regulatory policies.

For cryptocurrency traders, tariff policies may exacerbate market volatility—it's advisable to maintain a diversified portfolio and closely monitor macroeconomic trends.

**Do you think Trump's tariff policy will promote the adoption of decentralized finance (DeFi)?**

#Trump #Tariffs #Cryptocurrency #Bitcoin #Trading #BinanceSquare