#TrumpTariffs

A small, financially struggling company with China ties announced a $300 million purchase of $TRUMP and Bitcoin, potentially inflating the memecoin’s value, despite its lack of utility beyond speculation, highlighting the speculative frenzy around Trump’s crypto projects.

The U.S.-China tariff war, escalating as of Reuters’ May 14, 2025, report, has indirectly impacted crypto markets, with some experts noting it could decentralize Bitcoin mining, though China still dominates, controlling a significant share of global hashrate per CCN’s April 2025 analysis.