#TrumpTariffs

Trump’s tariffs had unexpected effects on emerging technologies, including Ethereum (ETH). As tariffs increased the cost of importing computer components from China, building and maintaining Ethereum mining rigs in the U.S. became more expensive. This discouraged small-scale miners and slightly centralized mining operations. Moreover, rising tensions between global powers led investors to seek alternatives to traditional markets, pushing many toward Ethereum. ETH also saw increased usage in decentralized finance (DeFi) during the trade war period, as people looked for borderless financial tools. Tariffs, though not directly aimed at crypto, showed how government policies can influence Ethereum's ecosystem in surprising ways.$ETH