US-China Tariff War Heats Up, Trade Prices Rise and Bitcoin Market Affected

June 12, 2025 | Jakarta – Trade tensions between the United States and China have escalated again after Washington officially imposed an additional 25% tariff on technology and manufacturing products from China worth more than USD 50 billion. In response, the Chinese government also raised tariffs on a number of imported goods from the US, including in the agriculture and energy sectors.

This tit-for-tat move triggers global concerns about the stability of international trade, pushing the prices of imported goods sharply higher. Business actors and investors assess that this conflict risks slowing down global economic growth and worsening the investment climate.

Impact on the Crypto Market

This condition significantly impacts the global financial market, including digital assets such as Bitcoin (BTC). In the last 24 hours, the price of BTC surged more than 6%, breaking the USD 74,000 mark, in response to rising global economic uncertainty.

According to crypto market analysts, this surge is driven by increasing investor interest in safe haven assets, similar to gold. "When geopolitical and economic uncertainty rises, investors tend to look at assets that are not directly affected by government policies, and Bitcoin becomes one of the main alternatives," said Dimas Pratama, a crypto analyst from Blockchain Insight Asia.

Increase in Production Costs and Market Volatility

This tariff war has also led to increased production costs for technology companies that rely on global supply chains. Logistics and spare parts costs have risen, resulting in higher prices for goods in the market. This pressure also contributes to volatility in the stock and currency markets, ultimately strengthening Bitcoin's role as an alternative store of value.

However, experts also warn that the surge in BTC prices driven by geopolitical turmoil could be temporary. "If the conflict subsides or the market finds ways to adapt, then the buying pressure on BTC may decrease," said Dimas.

Conclusion

With the ongoing escalation of the trade war, global market players are now closely monitoring the policy direction of both superpowers. For crypto investors, this development is an important factor in determining short-term and long-term strategies for their portfolios.$BTC #DonaldTrump #TrumpInPump