How the Crypto Market Will React to Trump’s 70% Tariff Warning

Key Points

1. Trump's tariff threat is part of his 'America First' policy, with a strict July 9 deadline for new trade agreements.

2. Vietnam has secured a deal with a 20% export tariff to the U.S., while other countries like Japan, South Korea, the EU, and India are at risk.

3. Global markets, including European, Japanese, and Indian indices, have already shown declines due to trade uncertainty.

4. The crypto market may experience short-term volatility but could benefit in the medium to long term as investors seek alternatives to fiat currencies.

5. Trump's pro-crypto stance, including appointing crypto-friendly regulators and proposing a U.S. Bitcoin reserve, contrasts with the potential market instability caused by the tariffs.