Heads up—tariffs are coming back in 2026, and the impact might stick around longer than some think. A bunch of bank economists are betting the effects will just "fade into the background" as the year goes on. But hold that thought. According to market analysts, the reality could be messier. The tariff story matters because trade friction directly flows into inflation expectations, currency movements, and ultimately asset valuations. Whether you're holding traditional portfolios or crypto positions, 2026's tariff environment will shape risk sentiment across markets. The consensus that economic damage will "fade" assumes policy predictability—which is rarely a given. Keep your eyes on trade policy developments; they'll ripple through everything.