Bitcoin

Trump Tariffs: U.S. to Raise Tariffs on Canadian Autos to 50% as Trade War Escalates

CoinGape·August 24, 2026·1 min read

President Trump announced plans to raise tariffs on Canadian autos to 50%, escalating the trade war. Bitcoin briefly slipped on the announcement but quickly recovered to trade above $79,000. The tariff news adds to market volatility, yet BTC shows resilience amid geopolitical tensions.

Read at CoinGape

Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open Chainshorts Get it on the Solana dApp Store