🇺🇸🆚🇨🇳 The trade war is escalating — and it could impact the crypto market as much as news about ETFs.
🟢 What is happening:
- The U.S. plans a tariff of up to 100% on imported microchips.
- Manufacturers are already bringing production back to the States — some call it "reverse globalization."
- India is catching up to China in terms of Russian oil purchases.
- Washington has already imposed a 25% tariff on imports from India — due to the purchase of Russian oil.
- Japan is also in the crosshairs: a potential 15% tariff on its imports.
- Additional trade restrictions are expected, primarily against China.
🔻 What does this mean for crypto?
- Rising geopolitical tensions = more volatility.
- Trade restrictions may complicate access to chips, which are important for mining.
- The risk of new sanctions — institutions may temporarily reduce activity.
📊 Your move: keep an eye on the news, as global tariffs are not just about the economy; it's a new chess game where crypto could become a piece.
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🏷️ Tags: #BinanceSquare #TradeWar #Tariffs #Crypto #Mining #Geopolitics #India #China #Japan #ETF #Oil #USA