Will Trump’s 25% Auto Tariffs Take A Toll On Bitcoin?
President Donald Trump‘s newly announced 25% tariff on foreign auto imports has added a layer of uncertainty to global markets—and cryptocurrency is not immune.
While some experts see short-term volatility, others argue that the move only strengthens Bitcoin‘s (CRYPTO: BTC) long-term case as a decentralized asset.
The new tariff, set to take effect April 3, is aimed at boosting domestic car manufacturing and reducing U.S. reliance on foreign supply chains.
But industry observers warn of ripple effects across international trade, especially with auto components often sourced globally.
Trump’s administration expects the measure to raise $100 billion annually, though some automakers fear increased costs and lower sales.
What Experts Are Saying: Sebastiaan Opschoor, CMO at RWA.io, said the announcement is yet another example of macro events influencing crypto.
“It’s not great,” …
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