Why today’s stock & crypto crash?
Escalating U.S.-China trade war. Trump’s 10% tariff on all imports + 34% on Chinese goods (Apr 2) met China’s 34% on U.S. goods (Apr 10). Stocks tanked—S&P 500 lost $5T last week. Crypto follows, with BTC/ETH hit by risk-off panic. Recession fears loom.
