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Trump Confirms Tariffs Will Be Imposed Tomorrow, Bitcoin Plummets to $84K

US President Donald Trump confirmed in a White House interview that tariffs on Canada and Mexico will take effect tomorrow. "What's happening is tariffs tomorrow, 25% on Canada, 25% on Mexico. The only way to avoid that is to build their business in the United States," Trump stated.

Following his statement, Bitcoin's price plummeted 10% from $93,000 to $84,000 in today's trading. Additionally, its market capitalization also dropped to $1.6 trillion.