In the long run, the impact of tariffs will depend on how central banks respond to inflation and whether investors view Bitcoin as a good store of value similar to gold. This statement seems to say a lot yet also says nothing at all [laughing through tears]

Key Points
Tariffs are fees imposed by governments on imported goods with the aim of raising prices for foreign products, thereby enhancing the competitiveness of domestic enterprises.

In the short term, tariffs often bring uncertainty and market volatility. Investors may sell off high-risk assets such as stocks and cryptocurrencies, leading to price declines, with the specific impact depending on how the tariffs are announced and implemented.
Imposing tariffs on imported mining hardware and semiconductor chips may raise the operating costs for miners who rely on these imported products.
In the medium to long term, cryptocurrencies represented by Bitcoin may become a more attractive option to combat inflation and fiat currency devaluation.