#TrumpAnnouncesNewTariffs Tariff Shockwave: Macro Risk Repricing Begins
The latest tariff announcement from Donald Trump has reintroduced a powerful macro catalyst into global markets — trade friction. While tariffs are traditionally associated with equities, commodities, and currency markets, crypto has increasingly reacted as a secondary liquidity recipient during periods of geopolitical and economic tension.
This is not simply a policy update. It is a volatility trigger.
Macro Transmission Mechanism
Tariffs influence markets through three primary channels:
1. Supply Chain Cost Inflation
Hig