Trump Slaps 35% Tariff on Canada â 20% Tariffs Coming for More Countries đ¨
Donald Trump is back with heavy tariffs â and this could shake global markets đ
đşđ¸ What Just Happened:
35% tariff on most Canadian imports starting August 1, 2025
15â20% tariffs expected on goods from Japan, South Korea, and some EU countries
Steel, copper, aluminum prices may rise up to 50%
Inflation alert: U.S. average tariff now 17.6% â highest since the 1940s
đ Global Reactions:
Brazil, Thailand, Malaysia also received new tariff letters
Chinaâs 145% tariff paused until August 12 after partial trade talks
Markets shaky â S&P and Dow dropped slightly on the news
â ď¸ Why You Should Care (Even in Crypto):
Tariffs = Higher production costs = Rising prices
Could push investors to hedge in Bitcoin, Gold & DeFi
Another reason for crypto to shine as a hedge against inflation & instability
đŹ Whatâs Your Take?
Will these tariffs boost BTC and gold? Or cause a short-term dump?
đ Comment below and letâs debate.
#TrumpTariffs #CryptoNews #Inflation2025 #BinanceSquare #TradeWar
#BTC #TRUMPTRIFFS