Gold Finance reported that Bitcoin price fell as concerns about the imminent tariffs in the United States have reduced investors' preference for risky assets. Earlier this week, President Trump announced a new 25% tariff on automobiles and auto parts, which is scheduled to take effect on April 2. He also plans to impose reciprocal tariffs on U.S. trading partners on the same day. "The implementation of these tariffs has exacerbated concerns about a global trade war," Zayer Capital Markets analyst Naim Aslam said in a note. He also said the possibility of retaliatory tariffs in affected countries increased uncertainty, prompting investors to reassess exposure.