Trump wants taxes on Chinese ships. What impact will it have on Bitcoin?

7 Min Read
7 Min Read

Under Donald Trump’s presidency, the US government is taking steps Impaired tariffs on Chinese ships It uses a US port.

A proposal called «Petition 301» Pretend that these rates will take effect in six months. since then, USD 50 will be charged for each net cargon And it will gradually increase over the course of three years.

There are ways to do these taxes Revitalizing the objective US naval construction industrywhich analyst considers it “degenerate”?

for that, The government of the People’s Republic of China has made its discomfort known. Lin Jiang, a spokesman for the Asian Ministry of Foreign Affairs, commented that US consumers and businesses are harmful at an international level, along with changes to global supply chains.

“Measures such as taxing port fees and load management facilities are harmful to both the United States and others.”

Lin Jiang, spokesman for the Chinese Ministry of Foreign Affairs.

Those who celebrated the measure were unions of American steel workers and the naval industry. Because, like Trump, I believe these taxes will help boost the country’s naval industry.

What happens to Bitcoin?

Proposals to impose tariffs on Chinese ships carried to US ports are likely Impact on financial markets, including Bitcoin (BTC) and cryptocurrency.

This is because in the case of approved demand 301, it has great significance in global trade and, in turn, it has great significance in assets that are considered “risk.”

Financial markets (and Bitcoin is no exception) are extremely sensitive to macroeconomic news and geopolitical events. situation.

The imposition of tariffs on Chinese ships introduces a new chapter in the commercial war between the United States and China, the greatest economy in the world.

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This conflict, which has already produced volatility in traditional markets for years, tends to create uncertainty, a factor that investors usually avoid. Bitcoindespite some being considered “active shelters” comparable to gold; In many cases, they continue to act as risk assetscorrelates with movements in various rental markets, particularly during periods of high uncertainty.

y Trump’s proposalbut yes, it does not directly affect the BTC market. They may change the global supply chain and costs associated with international trade.

As China controls the construction of its naval forces and large parts of the world’s maritime transport, disruptions in its operations could raise logistics costs, affect the prices of imports, and ultimately supply inflation in the US and other markets.

That said, it is worth clarifying that in the short term, the Bitcoin market has not experienced any direct, significant impacts derived from this measure. As mentioned earlier, the implementation of fees is expected to begin in six months, so the market will give it time to digest the news and adjust expectations.

On top of that, Investors are now focusing more on other macroeconomic and political factors They have an immediate impact on the price of Bitcoin. Among these is the tariff war unleashed by Trump. US interest rates; US government proposes to buy Bitcoin.

Investors tend to prioritize events that have more immediate impact, as mentioned above. However, perceptions of escalation in commercial warfare can cause some degree of bearish pressure on Bitcoin, especially when traditional markets such as the S&P 500 respond negatively.

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Once the rate is enforced (not yet confirmed) and its effects begin to feel in global trade, the impact on Bitcoin could become more pronounced. That is the hypothesis raised Markets interpret this measure as negative due to changes in commercial routes and increased tariff tensions.

Bitcoin may stand out in this context

However, not all medium-term effects are necessarily negative in Bitcoin. It can also happen that over time that commercial tensions and economic uncertainty will make investors’ eyes own BTC and realize that it is truly “digital gold” that Bitcoiner preaches.

Note that, as reported encryption, commercial wars and economic sanctions have led some countries to explore alternatives to the US dollar for international trade.

Bitcoin with a decentralized nature, not «It is permitted» And without boundaries, it can benefit in the medium and long term If countries start using it for intersecting trade.

This is speculative and yet not yet realized on a large scale, but the story of Bitcoin as a global currency that withstands national policy can gain traction (probably a process that takes months or years, although not from one day to the other).

Furthermore, if port fees contribute to sustained inflation, more investors can rely on Bitcoin as coverage for loss of purchasing power.

sidedetail
suggestionPetition 301: Tariffs will be imposed on Chinese ships on US ports.
implementationIn six months, collecting USD 50 per tonne, gradually increasing over three years
targetenergize the US Navy industry, considered “degenerate”
reaction

of. His.
Support from the Steel Union. Have an impulse in the local industry

China
Opposed; Ling Jiang warns that it is causing damage to consumers, businesses and global chains
Economic impact

World Trade
Possibility of supply chain changes and increased logistics costs

inflation
Risk of rising import prices
Impact on Bitcoin

short term
Limited effects; markets focusing on other factors (customer duties, fees, etc.)

Medium/long term
– Boldist pressure if traditional markets fall

– Possibility of recognition as “digital gold”

– Opportunities when the country is looking for a dollar alternative

Related factorsCommercial War USA.-China, Interest Rates, BTC Purchase Proposal
Speculative scenariosBitcoin can earn profits as a decentralized global currency
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