Trump’s Trade War Strategy Intensifies, Impacting Crypto Markets – BitRss

The desire for a global trade war, spearheaded by Trump, is weakening risk markets, including cryptocurrencies. Trump is presenting tough proposals to countries with trade deficits, essentially saying “take it or leave it.” Additional investments and promises for weapon purchases are failing to make an impact. With his slogan “Make America Great Again,” Trump seems determined to confront the world.

Global Trade War Dynamics

Even with countries that have signed free trade agreements, Trump is negotiating additional tariffs. He announces these extra tariffs first, then pressures countries to come to the negotiating table. This strategy targets all nations, including those in the European Union, with Japan being the current focal point. The Prime Minister of Japan met with Trump and made significant commitments.

Trump’s Stance on Japan

Despite these discussions, Trump appears unwilling to back down, as mutual additional tariffs are set to be implemented with Japan. Meanwhile, Bitcoin $