Impact of Tariffs on the Market
Is it a temporary rise or the beginning of a real recovery?
In an unexpected move, former U.S. President Donald Trump announced a 90-day halt on all imposed tariffs, except those imposed on China, which saw a sharp increase in its rates to 125%. This announcement led to a swift reaction from financial markets, with stocks rising significantly, adding about $5.5 trillion to the value of the U.S. stock market. Bitcoin also saw a remarkable recovery, valued at over $83,000.