#ProjectCrypto This chart reveals how Trump's tariffs will hit the cryptocurrency sector

The U.S. trade war has a digital impact because it raises the cost of technology, including Bitcoin mining.

The White House, on Thursday, July 31, announced a multi-tiered tariff system. This consists of a base rate of 10% for countries with which the U.S. has a trade surplus, and a minimum tariff of 15% for the nearly 40 nations with which it maintains a deficit.