#TrumpTariffs

Crypto Under Siege: How Trump's Tariff Plan and Global Panic Are Shaking the Market"

The crypto market’s sharp decline isn’t random—it’s a symptom of a broader economic storm triggered by geopolitical tensions and cascading fear across global markets.

At the center of this chaos? Former U.S. President Donald Trump’s newly announced tariff plan, which has reignited fears of a global trade war.

The policy, which took effect on April 5, imposes a 10% universal import tax, with even steeper rates targeting specific regions: 20% on the EU, 26% on Japan, and a staggering 34% on China.

These aggressive measures signal a return to protectionist trade policies, spooking investors who remember the market turbulence of the 2018-2019 U.S.-China trade war.

The immediate fallout has been brutal. Risk assets—including crypto—are being dumped as investors scramble for safety.