#TrumpTariffs

Trump continues to break the balls and insists on his absurd cabbage strategy.

The American tariff policy, particularly that adopted by the Trump administration, aims to reduce the trade deficit and stimulate domestic production by imposing tariffs on imported goods, especially from China, Mexico, and Canada. This strategy, often referred to as a "trade war," has generated uncertainty and volatility in global markets, with retaliations from the affected countries.

In the crypto markets, the current consequences are tangible. Bitcoin and other cryptocurrencies, often considered risk assets, tend to experience significant fluctuations during periods of economic instability. The rise in inflation and the slowdown in economic growth, potential effects of the tariffs, can reduce the demand for risk assets like Bitcoin.

Additionally, altcoins, being more tied to the technology sector, show an even closer correlation to the performance of the stock markets, which are directly affected by trade tensions.

Although some analysts believe that tariffs do not directly impact cryptocurrencies, investor sentiment and the perception of increased risk negatively affect prices, leading to drops and instability, as highlighted by recent declines.