#TrumpTariffs The trade war is back, and crypto is caught in the crossfire
Trump is back on the tariff offensive:
🔺 55% on Chinese imports
🔺 Targeted tariffs on Canada, Mexico, steel, cars
🔺 New battleground? A face-off between the United States and China over rare earths 🧨
💣 Markets are shaken — and crypto is watching closely.
🔍 Why it matters:
📊 Inflation alert: U.S. CPI has just hit 2.4%. The Fed warns that tariffs could fuel persistent inflation, delaying hoped-for rate cuts. More rate hikes? Risk assets, beware. 📈