US President Donald Trump has again shown that he intends to move forward with his plan to impose reciprocal tariffs on several countries despite the 90-day pause. This provides a bearish outlook for the crypto market, which has already declined following his statement. Crypto Market In Focus As Donald Trump Insists On Tariffs The crypto market is again in focus as Donald Trump maintains his stance on tariffs. In a Truth Social post, the US president stated that tariffs will soon start kicking in while asserting that the country will boom as a result of this. He suggested that the market could witness a downturn during this period, but remarked that it has nothing to do with tariffs. Instead, Trump blamed any potential market downturn on Joe Biden’s administration. Meanwhile, the president assured that when the market booms, it will be like no other. Despite the president’s assurance, this development is bearish for the crypto market and puts the Bitcoin price and altcoins at risk of another crash. The post Donald Trump Insists On Imposing Tariffs, Will The Crypto Market Crash Again? appeared first on CoinGape.

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