Trump's tariffs hit their own DeFi project hard: WLFI heavily invested in ETH, LINK, ENA... with losses exceeding 50 million US dollars

US President Donald Trump recently announced tariffs on Canada, Mexico and China, causing severe turmoil in the global market. North American and Asian stock markets and cryptocurrency markets fell across the board, while the Trump family's decentralized finance project WLFI, which previously increased its position aggressively, is now hard to escape, losing $51.7 million in investment in just 12 days, down 21%, becoming the hardest hit by market turmoil. (Synopsis: Justin Sun plays through the Trump effect: throws 75 million magnesium to invest in WLFI and enters the US cryptocurrency empire) (Background supplement: TRX enters Trump's encryption plan WLFI becomes the "only Chinese project", the United States will usher in Asian-friendly regulation? US President Donald Trump announced last weekend that he would impose a 25% tariff on Canadian and Mexican goods and a 10% tariff on Chinese goods (2/4 took effect), triggering a tough counterattack from Canada, Mexico and China, and the global trade tariff war was on the verge of breaking out. Against this backdrop, Asian stocks and cryptocurrency markets were bloodied this morning, and the Trump family's decentralized finance project WLFI, which was previously aggressively increasing the position, is now hard to escape. Extended reading: Trump 2.0 tariff war begins! 2/1 tax increase on Canada and Mexico, U.S. stocks closed black, BTC fell below 102,000 magnesium Market turmoil, WLFI investment loss of more than $50 million According to Spot On Chain monitoring data, World Liberty Financial (WLFI), which invested $243 million between January 19 and 31, has now lost $51.7 million, or 21%. Among them, ENA, which fell the hardest, fell nearly 44%, almost Slump by 50%. The three hardest-hit assets of WLFI are: ETH: loss of $36.7 million (-24.4%) WBTC: Loss of $8 million (-12.1%) TRX: Loss of $1.5 million (-15%) Trump's tariff policy causes market turmoil Trump's recent tough statement, emphasizing that although the new tariff policy will bring "short-term pain", it is "worth the price". This remark heightened market concerns, leading to a significant fluctuation in the cryptocurrency market. Netizens have mixed reactions to Trump's policy and WLFI's investment decisions: Some investors believe that tariff policies can bring economic benefits to the United States and enhance the competitiveness of local industries. However, some market participants have criticized that this policy may lead to further market turmoil and even adversely affect the global economy. WLFI's Investment Strategy: Some investors have questioned WLFI's decision to increase its investment during market fluctuations, arguing that risks should be assessed more carefully to avoid further losses. However, some people believe that this wave of decline may be a buying opportunity for long-term investors, and whether there will be margin replenishment actions in the future is worth following. Related reports Justin Sun plays through the Trump effect: Throwing 75 million magnesium to invest in WLFI and enter the US cryptocurrency empire Trump newspaper card? Family Decentralized Finance Project WLFI last night increased the position of thousands of dollars BTC, Ethereum, AAVE, ONDO. TRX enters Trump's encryption plan WLFI into the "only Chinese project", the United States will usher in Asian-friendly regulation? "Trump's tariffs hit his own Decentralized Finance project" WLFI heavy positions ETH, LINK, ENA... Floating loss of more than 50 million US dollars" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Block Chain News Media".