Trump’s Tariffs SHOCK Crypto?!

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Right then, listen up, you lot! 📢 It seems that old Donald Trump


(that’s him, the ex-president, the one who likes walls and golden loos 🚽) is cooking up a new batch of tariffs. Apparently, April 2nd is the day he’s decided to “liberate” the US economy. Liberate it, he says! More like give it a jolly good shake, if you ask me. 🙄

Now, this Trump bloke, he’s quite the character. Used to be the big cheese, running the whole shebang. They say he got a degree in sums, but some suspect he just bluffed his way through it. 😉 Anyway, he’s threatening to whack tariffs on everyone again, just like he did in February. And guess what happened then? The Bitcoin market went belly up! A whopping 17.5% drop! So, what’s going to happen this time, eh?

Trump’s Terrible Tariffs: What’s the Plan?

Trump’s got this bee in his bonnet about the US trade deficit. Says it’s too big, needs to be smaller. The US has been running a deficit since 1976, can you believe it? That’s longer than some of you have been alive! January was particularly ghastly, with a deficit of -131.38 USD Billion. Blimey! 😱

So, who’s pinching all the pennies? Well, China’s the big villain, followed by Mexico, Vietnam, and a whole bunch of other countries. Trump wants to put a stop to it, or at least make a big show of trying. He wants to free the US from the clutches of this money-draining deficit! 💪

Word on the street is that these tariffs will mostly target countries that sell loads to the US but don’t buy much back. But don’t you worry, they might not be so bad at first. They might leave out some of the important stuff, like cars, chips, and those life-saving medicines. Phew! 😅

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When Trump Messed with Crypto Before 😠

Remember February? Trump slapped tariffs on China, Canada, and Mexico. Bitcoin? Down the drain! Over 17.5% it went. It was a right disaster. 📉

At the start of February, Bitcoin was worth a fortune – $102,314.57, if you can imagine! By the end of the month? A measly $84,400. And it still hasn’t recovered properly. The poor thing! 🤕

How Will the New Tariffs Crush Crypto? 💥

If these tariffs are nasty, the stock and bond markets might throw a wobbly. And when they wobble, guess what? Crypto goes down with them! It’s a right domino effect, I tell you! 😫

But! If they’re nice and gentle, everything might be alright. The markets might even cheer up! Bitcoin and Ethereum could bounce back, and everyone will be happy. Let’s keep our fingers crossed. 🤞

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Frequently Asked Questions (Because You’re Probably Confused) 🤔

Why do these tariffs mess with crypto?

Because when the stock market gets the jitters, everyone runs away from risky stuff like crypto. It’s as simple as that! 🤪

Will Bitcoin get better if the tariffs aren’t too awful?

Maybe! If everyone calms down a bit, Bitcoin might just bounce back. But don’t hold your breath. 😮‍💨

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2025-03-25 13:53