The US-China trade war is spiking the heat! On April 18, 2025, Trump’s 145% tariffs on Chinese goods triggered Beijing’s 125% counter-tariffs on US imports, slamming global markets—the S&P 500 crashed 3.5%. China’s also choking rare earth exports and blacklisting US firms, while the US State Dept calls out their escalating military moves. This mess is hammering risk assets, with crypto markets seeing wild volatility as investors bolt to gold (at record highs). High tariffs and Fed rate fears could strangle liquidity, potentially tanking crypto prices in the short term; some bet this chaos could drive folks to decentralized assets long-term. Will this trade war crush crypto or boost its appeal? #USChinaTensions