Bitcoin value dropped to just over $81,500 in Asian morning hours Monday, with major tokens like XRP, Cardano’s ADA, Solana’s SOL, dogecoin (DOGE), and ether (ETH) also experiencing losses.

U.S. trade officials are expected to announce new tariffs this week on solar panels imported from four Southeast Asian nations.

Beijing on Thursday urged the European Union to reconsider its extra tariffs on Chinese electric vehicles.