Trade policy just got spicier. The latest tariff proposal—25% on goods from countries doing business with Iran—is raising eyebrows across markets. This kind of move typically stirs up trade tensions, and China's likely to be in the crosshairs given existing bilateral trade dynamics. When tariff threats materialize, markets tend to react: commodities fluctuate, currency pairs move, and crypto markets often catch fallout from broader financial volatility. Traders watching macro headwinds should keep an eye on how these policy shifts unfold—they usually create ripple effects across multiple asset classes. The question isn't just about tariffs themselves, but how geopolitical chess plays will reshape global capital flows.