Trump’s Trade Deal With China and 10% Tariff on Canada: Crypto Market Shaken by Uncertainty

U.S. President Donald Trump has once again stirred up geopolitical waters — and with them, the cryptocurrency market. After announcing a planned trade deal with China and simultaneously imposing a 10% tariff on Canada, markets were thrown into a wave of uncertainty that immediately impacted crypto volatility and investor sentiment around the world.

Markets on Edge: Geopolitics Once Again Sets the Pace Trump’s trade decisions are nothing new — but this combination of diplomacy and tariffs hit the markets like a double shock.

While the deal with China sparked optimism for easing long-standing tensions, the tariffs on Canada came as an unexpected move that caught traders off guard. The result? Volatility surged.

Bitcoin and major altcoins saw sharp swings as investors began shifting capital into safer assets in search of stability amid policy uncertainty.

Investors Turn to Silver-Backed Stablecoins for Protection According to data from EON Chain, a clear trend has emerged: as geopolitical tension rises, investors are moving away from high-risk tokens and turning toward assets with tangible backing.

Interest is growing in stablecoins such as $ESIL, which is collateralized by physical silver. This shift is viewed as a hedge against turbulent market movements and the potential impact of Trump’s new trade measures. “The introduction of tariffs and uncertainty surrounding trade negotiations are driving investors to diversify and seek stability outside traditional crypto assets,”

explained an analyst from EON Chain.

The Silver Strategy: A New Way to Protect Capital While dollar-pegged stablecoins (like USDT and USDC) have long dominated the market, there is now a rising interest in commodity-backed tokens — particularly those tied to silver and gold.

The $ESIL index, which tracks the price of silver, has become a popular choice for investors seeking shelter from market shocks and geopolitical pressure. Analysts suggest that this wave of “silver-backed stablecoins” could represent a new safe haven in times of global trade uncertainty and political unpredictability.

What’s Next? Whether this uncertainty leads to a sustained market downturn or just a short-term correction remains to be seen.

What’s clear, however, is that the crypto market continues to be highly sensitive to political signals from Washington — and Trump’s trade policy remains one of the most significant wild cards of the year.

A similar reaction occurred back in 2019 when Trump first imposed tariffs on Chinese goods — Bitcoin surged over 20% in just one week.

#TRUMP , #CryptoMarket , #Stablecoins , #CryptoVolatility , #bitcoin

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