#TrumpTariffs
#TrumpTariffs Are back — What this means for crypto 💰
Former President Donald Trump has indicated plans to reintroduce high tariffs if re-elected — some proposals suggesting tariffs as high as 60% on Chinese goods. While traditional markets may brace for volatility, what does this mean for crypto?
Historically, trade wars have weakened fiat currencies and shaken global stock markets — but they have also sparked interest in decentralized assets like Bitcoin. 🪙
As uncertainty around fiat currency increases, crypto could serve as a hedge — just as it has in past macroeconomic tensions.