According to Balaji, tariffs are not beneficial for the US as they primarily protect the home market but have limited impact since China exports only about 16% of its goods to the US. Balaji suggests that deregulation could be a more effective strategy than implementing tariffs, highlighting the ineffectiveness of tariffs like Trump's 10% on significantly impacting China's export strategy.

According to Balaji (@balajis), only 16% of China's exports are directed towards the US. This information could impact the cryptocurrency markets as China might focus more on other international markets, potentially affecting global trade dynamics and currency flows, influencing cryptocurrency trading patterns.