President Donald Trump's recent announcement of sweeping tariffs has sent shockwaves through global markets, impacting both traditional stocks and cryptocurrencies. The tariffs, ranging from a baseline of 10% to as high as 54% for China, have led to significant declines in Bitcoin and Solana, among other digital assets. This move has also triggered sharp drops in major stock indices worldwide, including the S&P 500 and Nasdaq.
As global leaders respond with retaliatory measures, concerns about inflation and recession grow. The economic landscape is becoming increasingly volatile, with potential long-term consequences for global trade and economic stability.
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