Opinions on Trump's Reciprocal Tariff Policy

discussing U.S. President Donald Trump's plan to announce reciprocal tariff policies on April 2, 2025, aimed at addressing the trade deficit by imposing similar tariffs on imports from countries that charge duties on U.S. exports. This policy could impact the crypto and Web3 world through market volatility due to economic uncertainty, rising costs of mining hardware due to tariffs on imports from China, and potential global liquidity disruptions affecting cross-border transactions. However, there are positive opportunities such as a push for domestic Web3 innovation in the U.S., in line with Trump's vision to make the U.S. a global crypto hub, although challenges such as strict regulations from other countries may also arise.

In my opinion, this policy reflects a bold protectionist approach, but its impact on crypto and Web3 could be a double-edged sword. On one hand, market volatility and rising mining costs could hinder short-term growth, especially for industry players reliant on imported hardware. However, the decentralized nature of Web3 provides natural resilience against traditional trade disruptions, and if the US successfully leverages this policy to strengthen the domestic crypto ecosystem, its position as a global leader in this field could become even more solid. What needs to be noted is how other countries react; if they respond with stricter crypto regulations, global adoption could actually be hindered.

Overall, tomorrow's announcement will be an interesting turning point to observe. I am optimistic that Web3, with its flexibility, can adapt to this change, especially if Trump supports it with pro-innovation policies. However, long-term success will depend on careful execution to avoid triggering a global recession that would harm all parties, including the crypto community. For Indonesia, which is still developing its Web3 ecosystem, this could be a lesson to accelerate the development of local infrastructure to anticipate global economic fluctuations.
#Trump to Unveil Reciprocal Tariff Policy#