#TrumpTariffs New Tariffs Announced by Trump Shake Global Markets

May 6, 2025 – Binance Square

Former President Donald Trump has announced a new round of tariffs aimed at Chinese-origin technology products, rekindling trade tensions between the two largest economies in the world. This measure has generated immediate volatility in traditional financial markets and the crypto sector.

Initial Impact:

U.S. stock indices fell by 1.2% at the opening.

Bitcoin recorded a slight decline of 1.5%, hovering around $98,800, as investors seek refuge in alternative assets.

Blockchain projects with exposure to Asian manufacturing and supply chains showed moderate setbacks.#TradeLessons #BinanceAlphaPoints