Bitcoin Price Holds Firm Despite Trump’s Threat of Canada-China Trade Tariffs. Source: Dietmar Rabich / Wikimedia Commons
The crypto market showed resilience after former U.S. President Donald Trump warned that Canada could face sweeping 100% tariffs if it deepens trade relations with China. Despite the heightened geopolitical tension and renewed trade war rhetoric, Bitcoin price remained stable around the $89,000 level, signaling muted market reaction and sustained liquidity in digital assets.
Trump issued the warning via Truth Social, stating that Canada should not become a gateway for Chinese goods entering the United States. He argued that closer Canada-China trade ties could expose Ottawa to Beijing’s influence and weaken domestic industries in North America. Trump added that any formal trade agreement between Canada and China would trigger automatic 100% tariffs on all Canadian products entering the U.S., framing the issue as both an economic and national security concern.
The comments followed reports highlighting Canada’s evolving relationship with China, which added credibility to Trump’s warning and briefly raised uncertainty across global markets. However, cryptocurrency prices showed limited volatility. Bitcoin hovered near $89,300 with only minor hourly and daily declines, while Ethereum traded around $2,950, posting small gains amid intraday fluctuations. Major altcoins such as XRP, BNB, and Solana recorded mixed performance, while TRON outperformed in the short term but lagged on a 24-hour basis.
Institutional interest in crypto remains strong despite macro uncertainty. Ark Invest, led by Cathie Wood, recently filed for a crypto index ETF that would include Bitcoin alongside major altcoins such as ETH, SOL, XRP, and ADA. This move reflects growing confidence in digital assets even as geopolitical risks rise.
Market participants appear to be treating Trump’s tariff threat as policy rhetoric rather than an immediate economic shock. Analysts note that traditional markets typically react first to trade escalations, with crypto following only if risk-off sentiment intensifies. For now, steady liquidity conditions and ongoing institutional participation are helping Bitcoin and the broader crypto market maintain stability despite rising U.S.-Canada-China trade tensions.
