#RiskRewardRatio Tariffs are taxes that governments put on imported goods. The idea is to make foreign products more expensive so that local businesses can compete better. 

In the short term, tariffs often create uncertainty and market volatility. Depending on how they are announced and implemented, investors may get out of riskier assets like stocks and crypto, leading to price drops.

Tariffs on imported mining hardware and semiconductor chips may also increase operational expenses for miners who rely on imported products.