*Trump's Tariffs & Crypto Markets: An Overview 📊*
*Tariff Policy Updates 🚨*
The "Liberation Day" tariffs, implemented on April 2, 2025, have imposed significant duties on a wide range of goods (10-50%, with up to 55% on specific imports). These tariffs have expanded globally, affecting major economies such as China, the EU, UK, Canada, Mexico, and others. This move represents a substantial escalation from the previous term.
*Recent Development ⚖️*
A U.S. court has recently ruled that these tariffs exceed presidential authority under emergency powers, blocking them pending appeal.
*Immediate Crypto Market Reactions 📉*
The introduction of tariffs in April led to a swift decline in Bitcoin and other cryptocurrencies. The market reaction highlights the sensitivity of digital assets to global economic policy changes.
$TRUMP : 10.38 (-4.06%) 📊
Stay informed about the impact of tariffs on crypto markets and adjust your strategies accordingly.
