The Trump administration's unilateral imposition of tariffs with a 'take it or leave it' approach essentially weaponizes trade policy, with impacts that extend far beyond the economic sphere, directly affecting global market nerves and cryptocurrency sentiment.
The Trump administration ignored the WTO's most-favored-nation principle, imposing differentiated tariffs on over 100 countries, including allies. Canada imposed a 25% retaliatory tariff on $29.8 billion worth of U.S. goods, and the EU drafted a countermeasure list, sharply increasing the risk of a global trade war. American car manufacturers paused orders from China, while Japanese car manufacturers accelerated the transfer of production capacity to Southeast Asia. Mexico's auto exports to the U.S. account for 79%, and the 25% tariff led to a 15%-30% increase in the cost of the supply chain, ultimately passed on to consumers. The repeated actions of 'announce-suspend-partial exemption' regarding tariff policy in April led to a 9.5% single-day surge in the S&P 500, followed by severe fluctuations, causing the market to fall into 'decision fatigue'.
Trump's tariff 'nuclear bomb' is essentially the struggle of old hegemony against a multipolar world—it created global chaos in the short term but also accelerated the rise of value networks outside the dollar system. Investors need to face threefold realities:
1. Normalization of trade frictions: Allocate 10%-20% of assets in anti-inflation instruments.
2. Politicization of the crypto market: Pay attention to the progress of Trump's 'cryptocurrency strategic reserve,' as policy swings create trading opportunities.
3. Rise of on-chain economy: Under tariff barriers, USDC cross-border payment volume surged by 320%, with DeFi becoming a new infrastructure.
History proves: When protectionism builds walls, it is precisely the opportunity for decentralized protocols to break through. When traditional markets are mired in tariff bogs, the resilience of the crypto world may write the prologue to the next bull market.
