Nearly a week after Donald Trump’s tariff plans dealt a massive blow to the world’s financial ecosystem—especially China—China’s ministry has demanded that the US completely cancel its tariffs.
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“We urge the US to take a big step to correct its mistakes, completely cancel the wrong practice of ‘reciprocal tariffs’ and return to the right path of mutual respect,” said a commerce ministry spokesperson in a statement.
This comes after Donald Trump’s announcement of a 90-day tariff pause that did not include China. Although Trump also exempted tariffs on key tech products, the spokesperson said that was just a “small step” in correcting the wrong practice of the 145% tariff.
That being said, Donald Trump has recently taken a U-turn on these exemptions, stating that they are only temporary. Chip tariffs may be coming.
China’s revenge tariff of 125% on US goods has created issues for US-China trade.
The trade war between the two nations resulted in a financial collapse. And even though experts like Arthur Hayes claimed that cryptocurrencies would remain insulated from tariffs, Bitcoin did hit its 5-month low before the recent rebound.
The ensuing volatility has made it critical for investors to find the best crypto to buy now. And even though most cryptos are not trading in the green and may have already hit their bottom, crypto ICOs offer a higher potential upside.
With the tariff causing a global economic storm, Beijing has stated that it has failed to solve any of the United States’ own problems and has undermined the global economic and trade order.
Chinese President Xi Jinping has also stated that China and Europe should “jointly resist unilateral bullying practices.”
No comment from the Trump administration has emerged in response to these requests as of now. Whatever the response may be, it could have massive ramifications for the entire cryptocurrency space.
If the response is positive and Trump does take the high road, two things could happen. One, there is a chance for the market to recover further, pushing crypto prices higher. On the other hand, this could also be viewed negatively, as Republicans might see it as a betrayal of their trust.
If the response is negative, however, and Donald Trump doubles down on the tariff demands, the ensuing statements could trigger further volatility in the cryptocurrency market.
Therefore, to stave off this volatility to some degree, it is important that investors choose their next cryptocurrency investments carefully.
Since Bitcoin would be the first crypto to be impacted by the ongoing trade war, the first crypto to buy to take advantage of the ensuing volatility would be BTC Bull.
Created by a group of Bitcoin bulls, BTC Bull is a meme coin project that lets meme coin investors capitalize on Bitcoin’s growth.
Unlike other meme coins that are only passively affected by Bitcoin’s price action, BTC Bull has introduced mechanics that directly tap into Bitcoin’s growth. These include token burns and Bitcoin airdrops.
These events will take place within the BTC Bull ecosystem whenever Bitcoin hits certain levels, beginning at $125K and continuing until the world’s largest crypto reaches $250K.
The project’s goal is to use both these mechanisms to push BTC Bull’s value upward, creating a meme coin equivalent of Bitcoin.
If the market responds well, this crypto could even flip the likes of Dogecoin—another meme coin with an iconic animal.
ClayBro has already discussed this project, reviewing it favorably following the temporary fading of Trump tariff fears. While those fears aren’t completely gone, BTC Bull could still be a good buy.
Best Wallet Token is a utility token that has gained recognition due to its association with an already active project.
This cryptocurrency powers Best Wallet, a multi-utility and multichain wallet built within a decentralized ecosystem.
One of the features that has made Best Wallet a favorite among users is its token launchpad, which has been responsible for launching some of the best crypto presales to date.
As a multi-chain wallet, Best Wallet continues to expand support for more cryptocurrencies. Most recently, it added support for Bitcoin, allowing users to store and swap Bitcoin with ease.
Other features that have helped the Best Wallet community gain traction include staking and portfolio management. The Best Wallet Token, or BEST Token, enhances these features by offering users perks like higher-yield staking opportunities and other benefits.
Best Wallet Token has raised over $11 million during its presale, suggesting it has enough momentum to perform strongly on the price charts once it lands on a major exchange.
The emerging volatility in the cryptocurrency market may drive more people away from assets relying solely on speculation and toward cryptos with strong use cases and high upside potential.
SUBBD is one such cryptocurrency project, aiming to stand out through its content creation attributes.
An AI-driven platform, SUBBD is a blockchain project that provides creators with a space to monetize their content. GPT-esque content generation tools are available within the ecosystem and are gaining traction. There are also features designed to handle administrative tasks.
The platform is focused on security, implementing safeguards to prevent leaks. However, since leakers are difficult to stop entirely, SUBBD has introduced mechanisms that allow people to “ethically” share content—and earn profits while doing so.
Creators miss out on MILLIONS of dollars a year due to leaks…
We're putting a stop to that. With invisible watermarks, leaks will be tracked instantly, so they can be taken down faster than ever before.
Keep your content genuinely exclusive – and profitable – on SUBBD 🙌 pic.twitter.com/syBQgyECqD
— SUBBD (@SUBBDofficial) March 19, 2025
Top content creators are already migrating to the platform, and fans are showing interest thanks to exclusive perks. The entire SUBBD ecosystem has a gamified vibe, which makes it one of the best utility cryptos to buy now.
Solaxy has made headlines by becoming one of the best crypto presales to hit the market. A utility-focused cryptocurrency project, Solaxy has become a central point of interest among Solana enthusiasts who want the chain to perform better.
According to its official website, Solaxy is the world’s first L2 solution for the Solana blockchain. Through the implementation of ZK rollups, Hyperlane, and Celestia, Solaxy is building a Layer 2 that could improve Solana’s long-term scalability.
Due to its memetic appeal, some have dismissed the project as just another speculative asset. However, the developers have been actively delivering regular updates on the official website.
The latest updates reveal that the team is rolling out additional optimizations to transaction processing and collaborating with Sovereign to implement new caching mechanisms.
Thanks to these factors, this crypto carries explosive potential. And considering it has raised upwards of $30 million already means it could pump massively upon arriving to cryptocurrency exchanges.
As the cryptocurrency market grows increasingly volatile due to tariff laws, China’s recent call for the US to abandon reciprocal tariffs and focus on mutual respect marks an interesting turn of events.
Trump has proven to be an outspoken leader, and unlike the last time he was elected, he may not buckle under pressure. His commitment to staying the course has become even clearer with the recent clarification regarding exempted products.
Therefore, investors should be wise when picking their next cryptos. The best crypto to buy now is the one that can weather the storm of continued volatility and build upside momentum through long-term value.
This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.
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