Trump’s Tariffs and Crypto Regulations: Two Faces of the Same Protectionism 🚧📉
The Trump administration has finally revealed the formula behind its much-discussed “reciprocal” tariffs, and it turns out this “reciprocity” has little to do with fairness. Instead of addressing actual trade barriers faced by American exporters, the formula simply takes a country’s trade deficit with the U.S., divides it by total exports, and then cuts the result in half.
This approach isn’t just a manipulation of numbers—it’s part of a broader protectionist strategy that extends beyond trade into finance. Just as Trump uses artificial tariffs to shield American manufacturers 🏭, governments today impose restrictive crypto regulations ⛓️ to limit the rise of decentralized finance (DeFi) and digital assets, protecting the traditional banking system 🏦 from competition.
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Fake Tariffs and Overblown Crypto Regulations 📊⚖️
The chart Trump proudly displayed in the Rose Garden 🌹 included a column titled “tariffs imposed on the U.S.,” but these figures were entirely fabricated. They didn’t reflect actual foreign tariffs but were instead a result of manipulated trade deficit calculations.
Similarly, financial regulators often justify excessive crypto restrictions under the pretense of protecting consumers or maintaining economic stability . In reality, these measures serve to safeguard legacy financial institutions from disruption by blockchain technology .
For instance, the SEC’s repeated crackdowns on crypto exchanges in the U.S. ⚡ mirror the way Trump’s tariffs disproportionately targeted certain economies. Just as small countries with limited exports—like Bosnia (35% tariff) or Madagascar (47% tariff)—were unfairly penalized, crypto companies that operate in the U.S. face heavy regulatory scrutiny, forcing many to relocate to friendlier jurisdictions like Dubai or Singapore .
The result? The U.S. loses financial innovation in the same way it risks losing access to competitive global markets through trade wars 🚀💸.