Following the threats made throughout his campaign and repeated in the first days of his presidency, Donald Trump imposed prices of 25% on almost all imports of Mexico and Canada and a tariff of 10% on goods from from China.
The prices are effective from Tuesday.
“The sustained influx of illicit opioids and other drugs has deep consequences on our nation, endangered lives and putting strong pressure on our health system, our public services and our communities,” said the president in its executive decree authorizing the samples.
The traditional markets closed for the weekend, the crypto brings the weight of the risk reaction to prices. Bitcoin (BTC) is 2% lower and clings to more than $ 100,000 after increasing up to $ 106,000 just over 24 hours ago.
Altcoins are worse, with ether (ETH), XRP and Solana (soil) 6% at 8%. The Broad Market Gauge Coindesk 20 index is down 4.8%.
There will be no exemptions at the prices, said a senior white house official at WSJ, and they will remain in place until the president is satisfied that the named countries have stopped the fentanyl flow in the United States
“Person – on each side of the border – wants to see American prices on Canadian goods,” Canadian Prime Minister Justin Trudeau on X yesterday. “If the United States is advancing, Canada is ready with an answer energetic and immediate. “
