According to The Kobeissi Letter, President Trump publicly stated that an 80% tariff on China 'seems right' and left the decision to Scott B. (source: The Kobeissi Letter, May 9, 2025). Such a significant tariff announcement could intensify US-China trade tensions, leading to market volatility across global equities and commodities. For cryptocurrency traders, heightened trade conflict historically increases demand for decentralized assets like Bitcoin as investors seek safe havens from fiat and equity market instability. Traders should monitor for increased Bitcoin volume and price volatility, as similar geopolitical developments in the past have triggered crypto rallies (source: CoinDesk, US-China trade war impact reports, 2019-2020).