Imagine you and your friends trading chocolates. Now, if one friend says, "I'll take 25% more chocolates for every trade," others will do the same. Soon, chocolates become expensive, and fewer people trade. This is happening between big countries like the US, Canada, Mexico, and China in real life.
š Whatās Happening?
š¹ US is charging extra fees (tariffs) on Canada, Mexico, and China.
š¹ Canada & Mexico are doing the same to the US.
š¹ China might also join in.
š„ Impact on the Crypto Market
šŗ US buys a lot from Canada & Mexico ā Prices go up.
šŗ Raw materials get costly ā Making goods becomes expensive.
šŗ High inflation expected ā Things become too pricey for people.
šŗ The US wonāt cut interest rates ā Less money flows into crypto & stocks.
šŗ Trade war = Less liquidity ā Markets go down!
ā³ Whatās Next?
šØ If China also adds tariffs on the US, the crash could continue!
š“ TRADE WAR IS ON š“ Stay cautious! š°