Silor says Bitcoin is safe, while Trump wraps the tariff sword
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Michael Sailor, CEO of the strategy Bitcoin Definitions will not face the new import tax plan for US President Donald Trump. Sailor shared this opinion on X, as his 4.2 million followers told the unique Bitcoin mode compared to material goods.
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Dodge Trump digital assets new commercial taxes
“There is no tariff for bitcoin,Silor wrote in his book x post. His statement comes at a time when market observers track how the cryptocurrency market responds to increasing the new customs tariff. According to reports, many investors are concerned about how Trump’s plans on April 2 affect encryption prices. But these concerns have not caused a significant decrease yet.
Asian countries face the highest import taxes
Based on information from Trump’s announcement, you will face many Asian countries A severe tariff On their goods enter the United States. China will see a 34 % tax rate, while Japan faces 24 %. Features will be imposed on Taiwan imports by 32 %, and Vietnam tops the list with a 46 % tariff. These new import taxes will start on April 5, according to the announcement.
The new United States Tarrifs
▫china – 34 %
European Union – 20 %
▫vietnam – 46 %
▫TAIWAN – 32 %
▫japan – 24 %
South Korea – 25 %
▫ Thailand – 36 %
▫switzerland – 31 %
▫eindonesia – 32 %
▫malaysia – 24 %
▫cambodia – 49 %
▫uk – 10 %
South Africa – 30 %
▫brazil – 10 %
▫Bangladesh -34 % … pic.twitter.com/w3n22Z0GNI– CHAY BOLES (Bowschay) April 2, 2025
US allies are spared from new trade measures
The customs tariff plan extends beyond economic competitors. Even American allies should pay more to sell their products in the United States market. The UK will face 10 % tax on imports, Israel 17 %, European Union countries 20 %, and India 26 %. China has already threatened to respond to its own tariff if Trump did not reflect his decision. The successor and backwards raises questions about the broader economic effects.
Bitcoin price is strong despite economic uncertainty
Although Trump’s tariff ads caused market tensions, bitcoin prices have been relatively stable. It was the cryptocurrency Trading at $ 83,105 When this article has been written, with only 1 % decreased over the past 24 hours. Some market analysts believe that physical goods bear the effects of customs tariffs, while digital assets may escape direct effects.
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The introductory stalemate emphasizes the strange Bitcoin site in world trade. Unlike oil, gold or processed goods that need to cross the boundaries physically, bitcoin transactions occur electronically. This side may make cryptocurrencies the winner of commercial conflicts because it cannot be stopped or tax on border points.
Many investors are concerned that bitcoin still can be indirectly affected by increased tariffs. If the most expensive imports reduce the income of companies and consumers, they may invest less money in the encrypted currency, which may end up reducing financing to the encrypted currency market. Currently, it is still higher than $ 80,000 while the market sees the development of the customs tariff.
Trump described his introductory proposal as “mutual”, adding that it reflects what other countries charge on American products. When countries interact with these new commercial policies, cryptocurrency markets seem less affected than other commodity markets.
Distinctive image from Gemini Imagen, the tradingvief chart