💥 Trump’s Tariff Tsunami Just Shook the World — And Crypto Felt It First
69 countries. Up to 50% tariffs. $577M in crypto longs wiped out.
Let’s break down the chaos. 🧵👇
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🏛️ 1. What Just Happened?
Trump signed a sweeping executive order slapping 10%–50% tariffs on 69 nations citing “security and trade imbalance.”
🔺 India: 25%
🔺 Canada: 35% (fentanyl dispute)
🔺 Brazil: 50%
🔺 Syria, Laos, Myanmar: 40%+
🔻 EU: negotiated relief
📆 Effective: August 7
Mexico dodged a bullet with a 90-day delay.
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🌍 2. The Bigger Picture: Trade War 2.0
Trump wants “reciprocal” trade. But this sparks:
⚠️ Global inflation
⚠️ Supply shocks
⚠️ Currency volatility
⚠️ Diplomatic tension
Over 200 countries reached out. Few made the cut.
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🪙 3. Crypto Took the First Punch
As news hit:
💥 $577M in longs liquidated
→ BTC: -$144M
→ ETH: -$168.9M
🔻 BTC: ~$117K → $113K
🔻 ETH broke key support
🔥 Volatility is back — hard.
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🧠 4. Why It Matters to Crypto
Trade war = uncertainty.
Uncertainty = opportunity.
Smart money knows:
📉 Fear = entries
📈 Volatility = gains
💡 Tariffs → inflation → dovish Fed → bullish BTC
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🔮 5. What to Watch
📌 Will more countries secure deals before Aug 7?
📌 Will Fed pivot tone on inflation?
📌 Will China retaliate? (Deadline: Aug 12)
📌 Will altcoins rise as BTC steadies?
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✅ Final Thoughts
Trump’s tariffs could trigger global economic drama.
But traders see fuel — not fear.
Volatility = opportunity.
Watch the macro chessboard and move wisely. ♟️
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💬 Your thoughts on #TrumpTariffs?
Trade War 2.0 or pre-election flex?
Drop comments ⬇️
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