Trump’s Bold Moves Ignite Trade War and Impact Cryptocurrency Markets – BitRss

The new U.S. President, Trump, previously showcased his style, and now he appears more determined to fulfill his bold election promises. This includes a commitment to address cryptocurrency reserves. In response to recent announcements, cryptocurrencies have taken a sharp decline.

2025 U.S. Trade War

The headline reflects the reality as Trump signaled the start of a trade war by threatening to impose tariffs if his demands from trading partners go unmet. This declaration effectively means imposing additional tariffs on imported goods, limiting the import of products from certain countries.

Economic Consequences for Trade Partners

Countries like Canada, Mexico, and China will face a decrease in exports and economic repercussions, effectively punishing them. However, this scenario raises concerns about potential short-term negative impacts on U.S. inflation, making it less likely for interest rates to decrease this year.

As this article was being prepared, Trump made several important statements: