Bitcoin (BTC) is drowned while Trump begins in the trade war

After the threats made throughout his campaign and repetition in the opening days of his presidency, Donald Trump imposed a 25 % tariff on almost all imports from Mexico and Canada and a 10 % tariff on goods from China.

Definitions are the beginning of Tuesday.

The president said in his executive matter, which allows the fees: “The continuous flow of illegal Afunism and other drugs has profound consequences for our nation, endangering our lives and puts severe pressure on the health care system, public services and societies.”

With the closure of traditional markets for the weekend, Crypto bears the risk reaction to the definitions. Bitcoin (BTC) is 2 % lower and suspends only more than $ 100,000 after an increase of 106,000 dollars just more than 24 hours ago.

Altcoins increases worse, with ETHER (ETH), XRP and Solana (SOL) by 6 % -8 %. Broad market Coindsk 20 Index 4.8 % decreased.

There will be no exemptions on customs duties, a senior White House official I told WSJAnd they will remain in their place until the president satisfies that the called countries have stopped the flow of fentanel to the United States

“No one – on both sides of the border – wants to see the American definitions of Canadian goods,” the outgoing Canadian Prime Minister Justin Trudeau wrote. On x yesterday. “If the United States advances, Canada is ready with a strong and immediate response.”