US President Donald Trump announced tariffs on eight NATO countries through Truth Social on January 17-18, 2026, in response to opposition against US attempts to acquire Greenland.
No cryptocurrency market impact reported, but US stocks saw significant declines, highlighting geopolitical tensions influencing traditional financial markets.
U.S. President Donald Trump announced tariffs targeting eight NATO members, citing opposition to U.S. interests. The announcement, made via Truth Social, prompted responses from European leaders defending sovereignty and opposing influence over Greenland.
Trump targeted the UK, France, and five other nations, with no prior connections to the crypto world. European leaders, including French President Macron, expressed opposition, underscoring commitment to sovereignty despite external threats.
Dow Drops 870 Points Amid Tariff Announcement
The U.S. stock market reacted negatively, with the Dow dropping 870 points. European leaders condemned the move, terming it an affront to collective security.
While stock markets saw immediate declines, crypto markets showed no impact. Historical analysis reveals no ties between similar tariffs and crypto assets, indicating a decoupling in financial impact.
Experts Confirm Cryptoโs Insulation from Political Tariffs
Previous tariffs under Trumpโs administration, such as those on steel and aluminum, also disrupted traditional markets but did not affect the cryptocurrency sector.
Experts from Kanalcoin emphasize that the current tariff scenario mirrors past events, suggesting that crypto markets remain insulated from such political tensions.
Emmanuel Macron, President of France, stated, โFrance committed to sovereignty and of nations, in Europe and elsewhere,โ adding, โNo or threat influence us neither, nor Greenland, anywhere else the world.โ
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