According to @StockMarketNerd, market commentary often frames both tariff hikes and tariff removals as bearish for stocks, underscoring how policy swings themselves can drive risk repricing, source: Stock Market Nerd. Historically, U.S. Section 301 actions covered roughly 370 billion dollars of Chinese imports by 2019, lifting input costs for import-reliant sectors and making earnings sensitive to tariff direction, source: Office of the United States Trade Representative Section 301 actions 2018–2019; empirical work finds high pass-through of these tariffs to import prices, reinforcing the margin impact channel, source: Amiti, Redding, and Weinstein 2019. Trade-policy shocks pushed the U.S. Economic Policy Uncertainty Index to elevated levels during 2018–2019, a regime usually associated with higher equity volatility and tighter risk appetite, source: Baker, Bloom, and Davis Economic Policy Uncertainty Index. Major tariff headline dates in 2018–2019 coincided with notable spikes in implied volatility as tracked by the VIX, highlighting that both escalations and reversals can be market-moving, source: Cboe VIX historical data. For crypto traders, stronger stock–crypto comovement since 2020 increases the likelihood that tariff-driven risk-on or risk-off shifts spill into BTC and ETH through correlation with equities, source: International Monetary Fund 2022 analysis on increased correlation between crypto and equities. A practical approach is to monitor tariff calendars and sector exposure screens, maintain liquidity and hedges around policy events, and use volatility strategies or options to express views when uncertainty rises, source: Cboe options and volatility strategy education.

According to The Kobeissi Letter, the economic policy uncertainty index has reached unprecedented levels, significantly surpassing the 2019 Trump Trade War 1.0 figures. This heightened uncertainty could lead to increased volatility in cryptocurrency markets, as traders adjust their strategies to navigate the tumultuous economic landscape.

According to @KobeissiLetter, the economic policy uncertainty index has surged to unprecedented levels, surpassing the 2019 Trump Trade War 1.0 by more than threefold. This heightened uncertainty impacts cryptocurrency markets, influencing traders' risk assessments and potentially increasing market volatility.