The Trump current tariff situation involves:

* A 10% baseline tariff on most imports, with potential for higher country-specific rates after July 9, 2025.

* High tariffs on China (145% U.S., 125% China), with strained relations.

* Ongoing negotiations with India, focusing on reducing India's high tariffs.

* Concerns from the EU about economic impact.

* Legal challenges and international worries about global economic disruption. #TariffPause $ETH $BTC

* Increased Volatility:

* Tariffs cause economic uncertainty, leading to sell-offs in risk assets, including cryptocurrencies.

* Risk-Off Sentiment:

* Investors may shift away from crypto towards safer assets during times of economic uncertainty.

* Potential Dollar Impact:

* Fluctuations in the U.S. dollar, influenced by tariffs, can affect cryptocurrency prices.

* Longer term potential:

* Tariffs could, longer term, lead to a loss of faith in traditional fiat currency, which could drive some people to crypto.

* Mining cost impact:

* Tariffs on electronics could raise mining costs.