Trump has opened acan of worms with the 25% import duty announcement. Will have to see the effect on the EU and Asian markets on Monday for this.

Personally, I'm not sure if Bitcoin is a hedge against trade wars. Tried to correlate BTC and cryptocurrency volume grwoth against the Stock market index and couldn't find any direct or inverse relation over a 1 year period .. and I always used to think that in the future if there was a stock market repeat of 2008, crypto would be the safe haven for investors... that may be true in future but as of now no real evidence to suggest that other that just hte gut instincts of a few.