Trump Imposes New Tariffs on Chinese Goods, Potential for Crypto Market Impact

President Donald Trump has signed legislation imposing new tariffs on goods originating from China, set to take effect in April 2025. These tariffs could significantly disrupt global trade and influence cryptocurrency markets. The new tariff structure includes a universal 10% levy on all imports from China, targeting specific categories of goods and aiming to bolster U.S. manufacturing and address trade imbalances. The move is expected to affect international logistics and supply chains reliant on Chinese goods. These shifts may also impact the volume and behavior of cryptocurrencies used for cross-border transactions.