US Treasury Secretary Revives Trade-War Inflation Risk at Davos as Crypto Sinks
Yahoo Finance·2026-01-21 07:07
Global markets turned risk-off on Tuesday after US Treasury Secretary Scott Bessent openly reaffirmed the Trump administration’s willingness to use tariffs as a primary geopolitical weapon. His statements reignited fears of trade-driven inflation just as crypto markets were showing signs of stabilization. Bitcoin fell back below 3,000, as investors reassessed macro risks following Bessent’s remarks at the World Economic Forum in Davos. Crypto Market Slides Again Over ...