US-China Tariff War Heats Up, Trade Prices Rise and Bitcoin Market Affected
June 12, 2025 | Jakarta – Trade tensions between the United States and China have escalated again after Washington officially imposed an additional 25% tariff on technology and manufacturing products from China worth more than USD 50 billion. In response, the Chinese government also raised tariffs on a number of imported goods from the US, including in the agriculture and energy sectors.
This tit-for-tat move triggers global concerns about the stability of international trade, pushing the prices of imported goods sharply higher. Business actors and investors assess that this conflict risks slowing down global economic growth and worsening the investment climate.
Waltonchain is a blockchain platform designed to automatically and immutably integrate RFID (Radio Frequency Identification) data into the supply chain. This means that every product with an RFID tag can be tracked, verified, and follow its digital footprint throughout its life cycle.
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2. WTC Token and Its Functions
The WTC token plays a crucial role as:
Payment of transaction fees on the main network (parent chain)
Creation of custom sub-chains for specific business scenarios
Staking on nodes through the PoS & Trust consensus system (PoST), providing opportunities for passive income
Operational support in internal DEX as well as governance and voting needs
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3. The Team and Technology Behind It
The Waltonchain team consists of blockchain, IoT, and supply chain experts from Korea and China. For instance, one of its co-founders is a former Director of the Korea Standard Products Association and Supply Chain Director of Septwolves Group, as well as a former VP at Samsung serving as Chief Scientist Advisor.
This technology implements a “parent-child chain” model where sub-chains allow scalability and flexibility for various applications without overloading the main network.
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4. Cases and Ecosystem Potential
Some examples of real-world usage include:
Detection of counterfeit products through RFID tracking
Supply chain tracking such as in the fashion or pharmaceutical industry
Government collaboration in China for smart city and blockchain-based logistics
With increasingly cheaper RFID hardware (around $0.1 per unit), the opportunities for adoption are growing.
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5. Current Price & Market Capitalization
The current price of WTC is $0.003614 (as recorded on June 15, 2025) with a market capitalization of approximately $321,551 and a circulating supply of about ± 89 billion tokens.
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6. Strengths and Challenges
Advantages
Unique & real technology: a combination of blockchain and RFID
Advanced technical structure with the sub-chain concept
Bitcoin Prices Plummet Drastically Due to U.S.-China War: Crypto Market Shaken!
June 13, 2025 – New York, USA The price of Bitcoin (BTC) and the majority of other cryptocurrencies experienced a sharp decline after geopolitical tensions between the United States and China escalated into open armed conflict this week.
In less than 48 hours, BTC dropped from $67,000 to $39,500 — a decrease of more than 40%. Ethereum, Solana, and several other major altcoins also followed this negative trend, with even deeper price corrections.
Economic experts have described this condition as the "largest crypto crash since 2022," triggered by global market panic after U.S. President Donald Trump declared a national emergency and announced a series of financial sanctions and military actions against Beijing.
> "Investors have lost confidence in risky assets like crypto. They are now turning to safe haven instruments like gold and the U.S. dollar," said JP Morgan economist, Lisa Ren.
In addition to military action, the biggest concern comes from the blocking of access to several major exchange platforms and disruptions in Asia-based server networks, causing transaction delays and price anomalies on several exchanges.
Global markets were also dragged down. The S&P 500 index recorded an 8% decline in a single day, while Nasdaq corrected more than 10%. Investors are advised to remain calm and avoid impulsive decisions.
US-China Trade War Heats Up, Trade Prices Increase and Bitcoin Market Affected
June 12, 2025 | Jakarta – Trade tensions between the United States and China have escalated again after Washington officially imposed an additional 25% tariff on technology and manufacturing products from China worth more than USD 50 billion. In response, the Chinese government also raised tariffs on several imported goods from the US, including the agriculture and energy sectors.
This tit-for-tat action has triggered global concerns about the stability of international trade, pushing the prices of imported goods sharply higher. Business players and investors believe this conflict poses a risk of slowing down global economic growth and worsening the investment climate.
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