#TariffHODL

Did Trump Kill the Bull Market with US Tariffs?

The world woke up on January 31 to Trump's announcement of his intention to impose tariffs on China, Canada, and Mexico, and to implement these tariffs starting in February. Indeed, after the US tariffs were applied to Mexico and Canada at 25% and to China at 10%, this led to panic and panic in the crypto market that we have not seen since the day the Japanese yen's carry trade collapsed in August. Did Trump kill the bull market with this move? Or are the whales taking advantage of this decline to control the market and buy more currencies? Let's find out more!

In this article

Trump's US tariff policy?

What is the impact of imposing tariffs on the global economy?

The impact of US tariff decisions on the crypto market

Is this the end of the crypto market?

Support areas play an important role

Trump's US tariff policy?

Since Trump took office in 2016 in the United States, he has been a supporter of the idea of ​​​​imposing customs duties on goods imported from outside the United States in order to encourage domestic industry. He wants to force foreign countries to open factories in the United States and manufacture inside America.In this way it reduces unemployment rates.