Tariffs are on goods and certain services and not currencies. I know this is a Bitcoin forum but I do not think this is a good argument because other currencies are not getting targeted in the tariff. There are many reasons why Bitcoin is superior to main stream currencies but I think the tarrif argument is weak.
True, it makes no sense to correlate tariffs to Bitcoin.Let's say US citizen want to buy goods from China to sell it in US, the US citizen use Bitcoin to pay his purchase, is goods from China free from tariff now?
The institutions don't care which currency you use since it's all about the products.
Less trust in the system means more reasons to hold BTC.
The reality most people choose gold over BTC.