Trump Threatens Additional Tariffs on China — What Does This Mean for Crypto?

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Title: Trump vs. China: Trade War Escalates as Crypto Markets React to Rising Tariff Tensions

Key Takeaways:

1. China imposes retaliatory tariffs – A 34% tariff on all U.S. imports and rare earth export restrictions heighten U.S.-China trade tensions. (Reuters)

2. Trump threatens further escalation – Trump warns of a 50% additional tariff on China if it doesn’t withdraw its latest measures by April 8, and threatens to end diplomatic talks. (Truth Social)

3. Crypto market volatility continues – Bitcoin dips 1.9% to $82,500, Ethereum holds at $1,870, and altcoins face pressure as risk appetite shrinks.

4. Investors eye crypto as hedge – Amid growing uncertainty, Bitcoin may gain favor as a digital alternative to gold.

Trump’s Trade War Warning: What It Means for Crypto

In a blistering Truth Social post late Thursday, former President Donald Trump warned China of new retaliatory measures if it does not withdraw its newly imposed 34% tariffs on U.S. goods. Trump accused China of long-term tariff abuse, currency manipulation, and illegal subsidization.

This announcement has injected fresh uncertainty into global markets, causing sharp moves in equities and commodity prices. The crypto market, too, is feeling the tremors.

How Crypto Might React

Bitcoin as a Hedge

• With increased global tension, Bitcoin could regain its role as a “digital gold.” If traditional markets tank, crypto might see inflows from investors seeking diversification.

Altcoins in the Crossfire

• While Bitcoin may hold up or benefit, smaller altcoins are more susceptible to broader sell-offs during risk-off periods.

De-Dollarization Narrative Strengthens

• As U.S.-China tensions rise, skepticism toward fiat currencies—especially the U.S. dollar—might grow. This could enhance Bitcoin’s appeal as a decentralized store of value

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