🤔🙆 WHAT IS TARIFF 😭😰 AND EFFECT
ON CRYPTO
👉 tariff is a tax imposed by a government on imported or exported goods.
👉 most cases, tariffs are applied to imports to make foreign products more expensive and
protect domestic industries.
😰😫💅 AFFECT ON CRYPTO 💅🙆🤔
👉 Not directly affect CRYPTO 😆😅😂
👉 But strong indirect IMPECT 😭😫🥴
💥👉 Hike Tariff 👈💥
👉 Tariffs increase the cost of imported goods
👉 Higher costs lead to higher inflation
👉 High inflation often keeps interest rates
elevated
👉 Higher interest rates are usually bearish for crypto
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