特朗普的關稅重新點燃了貿易戰，嚇到加密市場

加密貨幣市場是紅色的海洋，在傳統市場中的風險越來越多，特朗普的關稅應受到責任。

output: A tariff-induced sell-off in the crypto market is underway, with bitcoin (BTC) and other major cryptocurrencies clocking double-digit losses.

產出：加密市場中關稅引起的拋售正在進行中，比特幣（BTC）和其他主要的加密貨幣，造成了兩位數的損失。

The slide comes after U.S. President Donald Trump imposed a 25% tariff on imports from Canada and Mexico and a 10% levy on imports from China late Friday. The tariffs, which are set to take effect on Monday, follow months of stalled trade talks and are expected to be met with retaliatory measures.

幻燈片是在美國總統唐納德·特朗普（Donald Trump）對加拿大和墨西哥進口的25％關稅之後，週五晚些時候從中國進口徵收10％的徵收。該關稅將在周一生效，此前幾個月停滯的貿易會談，並有望接受報復措施。

The tariffs are part of Trump's effort to pressure trading partners to address the trade deficit and other concerns, and they mark a significant escalation in the trade war that began in 2018.

關稅是特朗普為解決貿易赤字和其他擔憂施加壓力的努力的一部分，它們標誌著2018年開始的貿易戰爭的顯著升級。

The tariffs on Canada and Mexico are being imposed under Section 232 of the Trade Expansion Act, which allows the president to restrict imports that threaten national security. The tariffs on China are being imposed under Section 301 of the Trade Act of 1974, which allows the president to impose tariffs on imports that are found to be unfair or unreasonable.

根據《貿易擴張法》第232條對加拿大和墨西哥的關稅徵收，該法案允許總統限制威脅國家安全的進口。根據1974年《貿易法》第301條對中國征收關稅，該法案允許總統對被認為是不公平或不合理的進口徵收關稅。

The tariffs are expected to have a broad impact on the U.S. economy, and they are likely to lead to higher prices for consumers and businesses. The tariffs are also expected to slow economic growth and could lead to job losses.

預計關稅會對美國經濟產生廣泛的影響，並且可能會導致消費者和企業的價格更高。預計關稅將減緩經濟增長，並可能導致失業。

The crypto market has been largely spared from the trade war so far, but the latest tariffs are likely to hit the markets hard. The tariffs are set to cover a wide range of goods, including electronics, clothing and food, and they are expected to drive up inflation and slow economic growth.

到目前為止，加密市場在很大程度上已經免於貿易戰，但最新的關稅可能會遭受艱苦的打擊。關稅將涵蓋廣泛的商品，包括電子，服裝和食品，預計將推動通貨膨脹並減緩經濟增長。

This, in turn, could lead to a sell-off in the stock market and other risk-on assets, which would put pressure on crypto prices.

反過來，這可能會導致股市和其他風險基礎資產的拋售，這將對加密貨幣價格造成壓力。

Moreover, Trump has threatened to increase the tariffs if trading partners retaliate, which could further hurt the crypto market.

此外，如果貿易夥伴進行報復，特朗普還威脅要增加關稅，這可能會進一步損害加密貨幣市場。

Some analysts are downplaying the impact of the tariffs on the crypto market, arguing that they are a negotiating tactic and will be lifted quickly. However, others believe the tariffs could remain in place for several months and may even increase, posing a sustained challenge for crypto prices.

一些分析師正在淡化關稅對加密貨幣市場的影響，認為他們是一種談判策略，並將很快取消。但是，其他人認為關稅可能會持續幾個月，甚至可能會增加，這對加密價格構成了持續的挑戰。

Geo Chen, a macro trader and author of the popular Substack-based newsletter Fidenza Macro, told subscribers in an email on Friday that his view is that the tariffs "will remain in place for several months with the risk of increasing."

宏觀交易員Geo Chen週五在一封電子郵件中告訴訂閱者，他的觀點是，他的觀點是，關稅將“將持續幾個月，冒著增加的風險”。

“These responses could escalate the situation. The best we can hope for is a partial rollback of tariffs once negotiations conclude,” Chen added.

這些回應可能會升級情況。一旦談判得出結論，我們可以期望的最好的是關稅的部分債務。” Chen補充說。

According to Chen, markets may take several days or weeks to fully digest this news, which could lead to continued volatility in the coming period.

據陳說，市場可能需要幾天或幾週才能完全消化這一消息，這可能會導致未來時期持續波動。

"This latest round of tariffs is on $1.3 trillion of imports from the three nations, seven times bigger in value than the first shot fired in 2018,” Chen said, regarding the tariffs on Canada, Mexico and China.

陳恩說：“最新一輪的關稅是從三個國家進口的1.3萬億美元，價值比2018年發射的第一批槍擊高七倍。”

“This makes the latest episode appear more destabilizing than back then, when the S&P 500 initially dropped 9% from its peak in March from a height that never returned before quickly rebounding. In other words, the potential pain may be greater this time around."

“這使最新一集看起來比那時更具穩定性，當時標準普爾500指數最初從3月的峰值下降了9％，而這種高峰從從未迅速反彈之前恢復過來的高度。換句話說，這次的潛在痛苦可能會更大。”

A crypto trader, who preferred to remain anonymous, told Forkast.News on Monday that, "Despite the talk of deals, this move doesn't feel temporary."

一位寧願保持匿名的加密交易員周一告訴forkast.news，“儘管談論了交易，但此舉並不暫時。”

"The tariffs are being imposed slowly, starting with 5% on Mexican goods on Monday and increasing by 5% each subsequent month if no agreement is reached, up to a maximum of 25%,” the trader added.

交易員補充說：“關稅的強加緩慢，從周一的墨西哥商品開始為5％，如果沒有達成協議，則關稅的最高為25％。”

“This gives the markets time to adjust, but it also seems to be designed to keep the pressure on trading partners to make a deal quickly."

“這使市場有時間進行調整，但它似乎也旨在為貿易夥伴的壓力迅速達成協議。”