Reasons for the capital flight from the cryptocurrency market:
"Donald Trump officially imposes a 20% tax on all U.S. trade partners "
U.S. President Donald Trump has declared April 2, 2025, as Liberation Day when the U.S. will impose reciprocal taxes on all of its trade partners. Specific details about the tax rates will be announced by President Trump on the afternoon of April 2 (U.S. time).
According to White House Press Secretary Karoline Leavitt, the U.S. reciprocal tax rates will take effect immediately after being announced by President Trump. The U.S. sees April 2, 2025, as one of the most significant days in modern American history. The U.S. is one of the most open economies in the world and has the best consumer base while many countries are closing their doors to U.S. exports.
Concerns about global economic inflation have led organizations and individuals to withdraw money en masse from venture investment channels, with the cryptocurrency sector facing tremendous impacts, and capital is fleeing rapidly in the past 24 hours!
Wishing everyone good luck.
"Donald Trump officially imposes a 20% tax on all U.S. trade partners "
U.S. President Donald Trump has declared April 2, 2025, as Liberation Day when the U.S. will impose reciprocal taxes on all of its trade partners. Specific details about the tax rates will be announced by President Trump on the afternoon of April 2 (U.S. time).
According to White House Press Secretary Karoline Leavitt, the U.S. reciprocal tax rates will take effect immediately after being announced by President Trump. The U.S. sees April 2, 2025, as one of the most significant days in modern American history. The U.S. is one of the most open economies in the world and has the best consumer base while many countries are closing their doors to U.S. exports.
Concerns about global economic inflation have led organizations and individuals to withdraw money en masse from venture investment channels, with the cryptocurrency sector facing tremendous impacts, and capital is fleeing rapidly in the past 24 hours!
Wishing everyone good luck.
