Bitcoin Unaffected by New US Tariffs, Says Saylor
- Michael Saylor stated that Bitcoin will not face tariffs under President Trump’s new import tax plan.
- Trump’s tariff announcement includes a 34% tax on Chinese goods and a 46% tariff on Vietnamese imports.
- The European Union will face a 20% tariff, while the UK faces a 10% import tax.
- Bitcoin prices remain stable at $83,105 despite market concerns over tariffs.
According to Michael Saylor, Bitcoin transactions are not subject to tariffs like physical goods. Despite new US trade taxes affecting various countries, Bitcoin’s price remains steady at $83,105 with only a slight decrease of 1%. This stability highlights the cryptocurrency’s unique position in global commerce.
Source (2.6)https://www.newsbtc.com/bitcoin-news/bitcoins-safe-saylor-says-while-trump-waves-the-tariff-sword/?rand=52377