Discovered tariffs in several countries – What does that mean for bitcoin and crypturing?

U.S. President Donald Trump announced today that he plans to announce bilateral tariffs in several countries next week.

Speaking together with Japanese Prime Minister Shigerom Izuhib in the White House, Trump said the tariffs would relate to “everything”, but did not specify accurate measures.

“At the reciprocal trade, we treat other countries with other countries, I will do this announcement next week, we don’t ask for anything less,” Trump told reporters, adding more details on the upcoming news.

Trump hinted that Autorphs were considered as part of his wider strategy. “It’s always on the table, it’s a huge job,” he said, adding, “We have to get it out.”

The policy of reciprocal tariffs was a long-term goal of Trump and its economic advisors. The former president previously pushed the legislation that would enable us to impose equivalent tariffs on countries that impose tariffs on the goods made.

Trump specially targeted the value added tax (VAT), claiming that 15% is a minimum rate in a disadvantage.

Behind the reciprocal tariff, Trump team presented additional measures, including:

• Global Customs
• Sector sanctions aimed at key sectors such as steel, medications and oils
• More Tariffs in China, Mexico and Canada

His administration has already imposed 10% tariffs in China, while delayed 25% of the Tariffs about Mexico and Canada after two countries gave modest promises on the security of the border.

The markets reacted strongly to the latest tariff threats of Trump. Uncertainty of tariffs weighed at prices from crypturing, according to Sean Farrell, the head of the Digital Property Strategy in the Fund.

“We saw the pressure up on the bond and dollar returns, which put pressure down on Krypto,” Farrell said. The Fundrat advised clients to adopt a cautious attitude because the tariffs could run stagflationary pressures, where inflation grows while economic growth is growing. However, Farrell remains like Bitcoin’s long-term appearance, citing potential state interest for Bitcoin as a strategic backup tool.

* This is not an investment advice.