CRYPTO MECHANIC
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New york session can be volatile today.
President Donald Trump has declared April 2 as "Liberation Day," a day when his administration plans to announce and implement new tariffs aimed at addressing trade imbalances with various countries. These tariffs are intended to be "reciprocal," matching the tariffs that other nations impose on U.S exports.
The specifics of the tariffs are expected to include a 25% levy on imported vehicles, steel, aluminum, and various goods from countries such as China, Canada, and Mexico.
The administration asserts that these measures will bolster American manufacturing and correc longstanding trade disparities.
Not sure how the market will react to it. Up or down but it's something you should keep an eye on.
President Donald Trump has declared April 2 as "Liberation Day," a day when his administration plans to announce and implement new tariffs aimed at addressing trade imbalances with various countries. These tariffs are intended to be "reciprocal," matching the tariffs that other nations impose on U.S exports.
The specifics of the tariffs are expected to include a 25% levy on imported vehicles, steel, aluminum, and various goods from countries such as China, Canada, and Mexico.
The administration asserts that these measures will bolster American manufacturing and correc longstanding trade disparities.
Not sure how the market will react to it. Up or down but it's something you should keep an eye on.
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