trumtariffsimpactoncrypto

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Former President Donald Trump implemented tariffs primarily targeting China during his administration, aiming to reduce the U.S. trade deficit and protect American industries. These tariffs imposed taxes on imported goods, particularly steel, aluminum, and a wide range of Chinese products. Supporters argued they pressured China into trade negotiations and safeguarded domestic jobs. Critics countered that they increased costs for American consumers and businesses, disrupted global supply chains, and triggered retaliatory tariffs. While some sectors benefited temporarily, overall economic gains were mixed. Trump’s tariff policy marked a significant shift toward economic nationalism and reshaped U.S. trade strategy, sparking debate that continues today.
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President Donald Trump's announcement of new tariffs, termed "Liberation Day," has introduced uncertainty, leading to a sell-off in riskier assets, including cryptocurrencies. ​

Strategic Bitcoin Reserve: The administration's plan to establish a Strategic Bitcoin Reserve, utilizing government-held BTC, has elicited mixed reactions, adding to market volatility. ​
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