The U.S. president just upped the ante with Mexico—threatening an extra 5% tariff hit if they don't honor a water-sharing deal from decades back involving the Colorado and Rio Grande rivers. This kind of trade pressure could ripple through markets, especially if tensions escalate. Tariff threats always create uncertainty, and uncertainty tends to shake up everything from traditional assets to digital ones. Worth keeping an eye on how this plays out—policy moves like these have a way of impacting risk appetite across the board.