#TrumpTariffs
The trade war is back, and crypto is caught in the crossfire
Trump is back on the tariff offensive:
đș 55% on Chinese imports
đș Targeted tariffs on Canada, Mexico, steel, cars
đș New battleground? A face-off between the United States and China over rare earths đ§š
đŁ Markets are shaken â and crypto is watching closely.
đ Why it matters:
đ Inflation alert: The U.S. CPI just hit 2.4%. The Fed warns that tariffs could fuel persistent inflation, delaying hoped-for rate cuts. More rate hikes? Risky assets, beware. đ
đ” Dollar jitters: With rising costs and global uncertainty, pressure is mounting on the USD â and Bitcoin could strengthen as a hedge. A weak dollar has often meant a strong BTC.