Internet reports that U.S. President Trump recently invoked the International Emergency Economic Powers Act (IEEPA) to impose comprehensive tariffs on Mexico, Canada and China, triggering market concerns about the dominance of the US dollar. The move not only affects the global trade landscape, but may also prompt more investors to turn to Bitcoin as a hedge tool. James Butterfill, director of research at CoinShares, pointed out that the unconventional use of IEEPA may accelerate global de-dollarization and drive capital flows to decentralized assets such as Bitcoin to hedge economic instability. Crypto-derivatives trader Gordon Grant also believes that frequent use of IEEPA may weaken U.S. dollar credibility and make digital assets such as Bitcoin more attractive.