#TrumpTariffs
**Trump’s Tariff Announcement: Mixed Impact on Markets**
Yesterday, Trump celebrated "Liberation Day" by imposing new tariffs—10% on most imports and 25% on autos. He stated:
🗣 *"The tariffs won’t be fully reciprocal—we’re very kind."*
**Positive:** BTC surged past $88,500 initially.
**Negative:** Higher tariffs targeted key partners—34% on China (total now 54%), 24% Japan, 32% Taiwan, 26% India, and 20% EU. Canada and Mexico were exempt.
**Market Reaction:** BTC later dropped 7%, triggering $500M+ in liquidations. Mixed outcomes highlight ongoing trade tensions.
