Andrew Kang: If the China-U.S. trade war starts, Ethereum will drop back to the $2200-2400 range

ChainCatcher news, Mechanism Capital partner Andrew Kang stated on social media that if China really starts a trade war with the U.S., Ethereum will drop back to the $2200-2400 range.

Just now, the Tariff Commission of the State Council of China announced that starting from February 10, 2025, additional tariffs will be imposed on certain imported goods originating from the United States. A 15% tariff will be imposed on coal and liquefied natural gas, while a 10% tariff will be imposed on crude oil, agricultural machinery, large-displacement vehicles, and pickup trucks.