#TrumpTariffs

Trump's Tariffs and Bitcoin: What Happened?

During Trump's presidency, he liked to impose tariffs (meaning taxes) on many things coming from outside America, especially from China. He thought this would protect jobs and industry in his country. But what happened was that prices increased for people, and companies started to struggle because they were paying more for raw materials and goods they used to import.

People began to worry about the impact of these policies on the economy, so many of them decided to look for safe alternatives for their money. This is where Bitcoin came into play. Since it’s a digital currency not controlled by any government or central bank, many saw it as a good way to preserve the value of their money during crises.

So when the world is unstable, like during trade wars or inflation, people might turn to Bitcoin as a form of protection. This sometimes drives its price up.

And if Trump comes back, we might see similar policies, and at that time, people will look at Bitcoin again as an alternative solution.

$BTC