The tariffs are being called the worse than the worst case scenario. As credit markets are cracking, the Fed plans to bail out hedge funds. Pension funds will be leveraged. Europe needs this as badly as the US does.
Risk will return once central banks announce unlimited liquidity.
A possible outcome with the tariffs is deregulation and freetrade coupled with central bank bailouts. Cryptos are at the core of the new financial system as anything the old system does, blockchain can do more efficiently and with lower costs. In addition BitBonds and reserve status will help fund government expenditures.