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Trump's Tariffs Could Have Ripple Effects on Cryptocurrency: Here's Why?
The recent tariffs imposed by President Donald Trump on imported goods from Canada, China, and Mexico are expected to have different impacts on the cryptocurrency mining sector in these countries. The United States and China The United States has announced a 25% tariff on goods imported from Canada and Mexico and a 10% tariff on goods from China, effective February 1, 2025, according to the Associated Press. While these taxes are primarily targeting traditional industries, l