Bitcoin (BTC) price is surprisingly trading in the green as the broader financial landscape gears up for the implementation of President Donald Trump’s reciprocal tariffs. Despite the current rally, it remains unknown how the BTC price will react to the tariffs in the long term. Bitcoin is known to exhibit short-term reversal to macroeconomic uncertainties, a trend many believe may play out again.
State of the Donald Trump Reciprocal Tariff
One of the most crucial policies in the Donald Trump administration is levying tariffs on key trade partners. While this move is considered a commensurate measure to match what other trade partners are levying on US goods, the aftermath has toppled the market.
Almost all big economies, including Russia have received Tariff threat from the US government. This threat is bound to be matched by the countries involved, including Canada, Mexico, China, and the European Union. With Trump’s tariff kickstarting on April 2, Mexican President Claudia Shei
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