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Jordan Lyanchev

Bitcoin Price Faces New Volatility Risk as Trump Warns Canada of 100% US Tariffs

US President Donald Trump has warned that the United States could impose a 100% tariff on Canadian goods if Prime Minister Mark Carney agrees to a trade arrangement allowing China to use Canada as a drop-off port. Bitcoin, which has recently reacted sharply to tariff headlines, already saw a brief $500 pullback after Trump's latest comments and may face further volatility as traditional markets reopen. A preliminary Canada-China partnership reportedly includes plans to reduce tariffs and import nearly 50,000 Chinese EVs at preferential rates.
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