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Showing posts with the label tariffs

De-Dollarization: Where Is the US Dollar Headed In The Next Two Years?

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President Donald Trump is busy imposing tariffs on nations. These tariffs have spurred global market instability, impacting the US markets negatively. This development has also compelled several nations to recoup and figure out a counterstrategy to continue working with the United States. At the same time, nations like China have counter-imposed tariffs on the US, sparking widespread trade war narratives. In its wake, a new development has caught pace, which is now impacting the US dollar, ushering in de-dollarization drives to take over the world. Will the dollar lose its status before Trump’s reign ends? Let’s find out. Also Read: De-Dollarization: Experts Predict Outcome Of Yuan Vs. US Dollar Trump Tariffs and De-Dollarization Source: Watcher Guru Trump continues to rake in headlines no matter what he does. For instance, the president has embroiled himself in an active trade war narrative by imposing strict tariffs on several nations. At the same time, Trump has recently ...

Is China Now Stronger Against Trump's Trade War Than in 2018?

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In 2025, the trade tensions between China and the US have intensified to unprecedented levels. President Trump’s recent imposition of 125% tariffs on Chinese imports has sparked some serious questions about China’s ability to withstand economic pressure compared to the 2018 conflict. Also Read: Sanctions on Russia Are Rapidly Accelerating De-dollarization How China’s Economic Strength and Trade Policies Have Evolved in 2025 Source: AP Photo/Mark Schiefelbein China’s Strategic Preparation Since the first trade war in 2018, China has been preparing for potential renewed conflicts. At the time of writing, these preparations are being put to the test in the ongoing Trade war. Marc Lanteigne, China’s expert at The Arctic University of Norway, states: “China has had a lot of time to prepare for a resumption of the trade war. They were caught a bit off-guard in 2018.” Unlike other nations, China responded immediately to Trump’s initial tariffs wi...

Trump promised bitcoin ‘made in America’ then ruined it with tariffs

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During Donald Trump’s campaign for the presidency, he promised that “all” bitcoin (BTC) should be “made in the US.” However, his new tariffs are likely to hurt the US BTC mining industry. BTC mining depends on specialized computers based around application-specific integrated circuits (ASICs) that are specifically optimized for Bitcoin’s hashing algorithm. These machines are imported, as their production is largely outside the United States, though Bitmain and MicroBT had started setting up production lines in the United States for final assembly. However, it seems these production lines are still dependent on importing various components for the devices. Crypto promises that Donald Trump must now live up to Read more: DoJ scraps crypto unit, tells staff to ignore crypto exchanges and mixers Historically, these machines were built in China, but after earlier tariffs during Trump’s first term, the production had moved to other co...

$1,000,000,000 in Bitcoin and Crypto Liquidated As Trump Tariffs Take Effect

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The crypto market is witnessing a fresh cascade of liquidations as President Trump’s tariff threats become reality. Trump has officially implemented 25% tariffs against both Canada and Mexico, triggering a 500 point drop in the Dow, alongside small drops in the Nasdaq and S&P 500. In the crypto market, liquidations crossed more than $1 billion in just 24 hours, with about 68% of the liquidations hitting traders going long, according to the crypto data aggregator CoinGlass. Bitcoin’s volatile swings continue, with BTC touching $81,879 before rising to $86,400 at time of publishing. The majority of liquidations hit BTC, followed by Solana (SOL), XRP (XRP) and Cardano (ADA). The pseudonymous crypto analyst DonAlt says he’s now looking to see if Bitcoin can re-enter a weekly range above $90,787 as a potential sign of strength amid a tumultuous week. Source: https://thebittimes.com/1-000-000-000-in-bitcoin-and-crypto-liquidated-as-trump-tar...

Best Crypto To Buy Right Now As Bitwise Sees ”Generational Opportunity” With World On Brink Of ”Max Chaos”

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The world is “on the brink of max chaos,” with Donald Trump’s tariffs threatening global trade and surging government spending risking market upheaval—creating a “generational opportunity” for Bitcoin investors, Bitwise Asset Management says. An unprecedented tax cut, imminent yield curve control, and gold run tail risk could lead to a massive Bitcoin pump, said head of Alpha strategies Jeff Park in a Feb. 16 post on X. World is literally on the brink of max chaos (tariff, debt ceiling, deglobalization) and max retardation (unprecedented tax cut, imminent YCC, gold run tail risk)— And BTC IV percentile is lowest all year and you dont see this generational opportunity so no we are not the same. pic.twitter.com/8iAPUDlQIK — Jeff Park (@dgt10011) February 16, 2025 Bitwise CEO Hunter Horsely is just as bullish on Bitcoin. In an X post yesterday, he said that people are “wildly underestimating the massive leaps Bitcoin is going to...

Best Crypto To Buy The Dip As Altcoins Crash After Trump Tariffs Ignite Trade War

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The crypto market plunged after US President Donald Trump slapped import tariffs on Canada, Mexico and China that spooked global investors. Trump imposed a long-threatened 25% tariff on almost all Canada and Mexico imports, as well as a 10% tariff on goods from China. These tariffs will come into effect on Feb. 4.  They are expected to mark the beginning of a prolonged trade war and worsen global inflation. Market leaders Bitcoin (BTC) and Ethereum (ETH) plummeted over 5% and 18%, respectively, in the last 24 hours. The rest of the top 10 cryptos all suffered steep 24-hour losses as well. pic.twitter.com/SWZtSm6NMX — Donald J. Trump (@realDonaldTrump) February 1, 2025 The valuation of the altcoin market plunged more than 7%, according to TradingView data .  Canada quickly related, its Prime Minister Justin Trudeau announcing that he will impose a 25% tariff on the $106.5 billion worth of US goods the country imports. China’s Ministry of Commerce said it ...