#TrumpTariffs Breaking News Extremely Important for crypto Market

Trump announces 25 percent tarrifs on auto industry.Do you know why this is important and what this nightmare is.

Tariffs are taxes imposed by the government on foreign goods, the goods that are imported from foreign countries. Why is it important to take a look at?

When tariffs are imposed by this gigantic player it leads to inflation for the consumers that creat a panic for the consumer.hence they are trying to save not to invest which leads to recession, so this news a bit troublesome for the crypto market stay altered

What's your take on this