📰 BREAKING: Trump’s New Tariff Push Sends Shockwaves Through Global Markets

July 9, 2025 — Washington, D.C.

Former President Donald Trump today unveiled a bold new tariff package, proposing a 60% tariff on Chinese goods and an additional 10% across all imports, if reelected. Markets reacted swiftly — the S&P 500 dipped 1.2%, while tech stocks saw sharper declines due to supply chain concerns.

Meanwhile, gold surged 2.1% as investors sought safe-haven assets. Crypto markets remained relatively stable, though analysts suggest Bitcoin ($BTC) could benefit as an inflation hedge if trade tensions escalate.

Trump said the move aims to “restore American manufacturing dominance,” but critics warn it could raise consumer prices and spark retaliatory trade actions.

Investors are bracing for increased volatility in equities, commodities, and currency markets over the coming weeks.#TrumpTariffs $BTC