I really don't know what this guy is trying to do. He's affecting the crypto world and his country very badly. After all, America also imports a lot of things and these taxes that he imposes on the countries closest to him, the countries that he imports and exports the most, will hit him.
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The tariffs on Mexico and Canada is what a bully will do those two are extremely dependent on the trade with the US. The Mexican economy will most likely have up to 10% recession and 4% are the estimations for Canada but of course the US will see a decrease of 1% in the gdp and a biggest hit in inflation. The US citizens will be worst that they were 1 year aga
I think that eventually these tariffs will be reduced by agreement, but the markets will be affected in this process.