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Trump Administration Imposes 50% Tariffs on Indian Goods, Potential Ripple Effects on Global Trade and Crypto Markets
Trump Administration Imposes 50% Tariffs on Indian Goods, Potential Ripple Effects on Global Trade and Crypto Markets
20
3
BTCCSquare news:
The United States will impose steep 50% tariffs on Indian imports starting August 27, 2025, doubling the current rate. This aggressive trade policy shift under the TRUMP administration could disrupt global supply chains and trigger capital flight toward alternative stores of value.
Cryptocurrency markets often benefit from trade war volatility as investors seek non-sovereign assets. While no specific digital assets are mentioned in the draft notice, such macroeconomic tensions historically correlate with increased BTC and ETH trading volumes as hedges against traditional market instability.
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