This is the tariff war and those countries that are "attacked" are also hitting back. Last I checked Canadians have announced that they will also implement 25% tariffs on goods imported from the colony.

At the end of the day while governments are increasing their revenues from these tariffs, the regular people will suffer because they will have to pay more money for the same exact goods!
We should also keep an eye on inflation because that is starting to rise very rapidly and that can affect bitcoin price positively.