$GALA
#TrumpTariffs #MuskAmericaParty
July 9, 2025, President Trump announced new tariffs on 14 trading partners, including Japan and South Korea, with rates of 25% to 40% effective August 1, 2025. Global markets, including crypto, showed a muted response, with Bitcoin and other cryptocurrencies experiencing minimal immediate volatility. However, ongoing uncertainty from these tariffs, combined with earlier 2025 trade policies (e.g., 10% universal tariff, 125% on China), continues to pressure crypto markets. Bitcoin is down 10% since April’s tariff announcements, trading below $78,000, with altcoins like Ethereum and Solana also volatile. Short-term economic concerns, including inflation risks and reduced liquidity, are dampening risk-on assets like crypto,
