#TrumpTariffs

🧭 Trump’s Tariff Moves & Crypto Market Impacts

Aggressive tariff agenda re‑emerges using IEEPA: On April 2, 2025 (“Liberation Day”), Trump enacted a universal 10% tariff on most imports (starting April 5), plus significant “reciprocal” tariffs on roughly 60 countries, including up to 55–60% on China, with higher levies also targeted at the EU, Canada & Mexico (binance.com, en.wikipedia.org).

Volatility across crypto assets:

Bitcoin dipped ~2–3%, altcoins dropped 3–8%, triggering ~$500 M in liquidations (binance.com, binance.com).

Binance Coin (BNB) underperformed but showed resilience, falling less than 10%, as traders shifted to BNB to reduce costs amid market stress (binance.com).

Tariff news sparks sharp whipsaw: BTC bounced from sub‑$108 k to near $110 k when market optimism arose around de‑escalation talks, then retreated on renewed tariff headlines (binance.com).

Potential dollar weakness could boost crypto: Analysts like Arthur Hayes argue tariffs might weaken the dollar, prompting Federal Reserve easing—often bullish for Bitcoin and gold (binance.com).

Legal/political disputes underway: U.S. courts paused vacating Trump’s tariffs (Decisions vacated May 28; appellate courts paused those rulings) (en.wikipedia.org), keeping tariffs active through summer.

🔗 Binance’s Position in the New Regulatory Era

Advising governments: Binance is helping several countries draft digital‑asset rules and explore national bitcoin reserves. This follows a $4.3 B settlement, compliance monitoring, and leadership change (ft.com). Trump’s administration apparently endorses a more crypto‑friendly stance.

SEC lawsuit dismissed: Under Trump, the SEC dropped its 2023 suit against Binance and CZ—marking a significant shift toward innovation‑oriented regulation (wsj.com). This move comes amid talk of formalising a “crypto strategic reserve” and easing the regulatory environment.