Will Cryptocurrency Plunge if Trump Imposes 50% Tariff on China?

President Donald Trump has threatened to significantly increase tariffs on Chinese goods if Beijing fails to drop a retaliatory tariff imposed on American products. The threat comes amidst ongoing trade tensions between the two nations, which have already negatively impacted Wall Street and are raising concerns about an economic slowdown. Experts warn that these tariffs could trigger further price increases for consumers and potentially contribute to a recession.