Part 3/10:
These tariffs are a reflection of trade frictions, which include currency manipulation and other barriers. The methodology behind these tariffs has raised eyebrows, with some suggesting that the calculation is simply the U.S. trade deficit divided by export amounts from the targeted country. Regardless of the approach, the figures are alarming, and many fear that such tariffs could plunge participating countries into a recession, sending shockwaves through the crypto market as well.