$ETH ⚡ U.S. President Donald Trump announces in a urgent statement: The additional tariffs that the United States will impose on China will rise to 104% starting from April 9.

⚡ Trump confirmed that all talks with the Chinese side regarding their request for meetings with Washington will be terminated, indicating that any country that imposes retaliatory tariffs against the United States will immediately face a response from the U.S. with higher and stricter tariffs.

⚡ In this context, President Trump urged the U.S. Federal Reserve to expedite lowering interest rates as soon as possible to support the U.S. economy amid these rapid developments.

⚡ Meanwhile, the U.S. Federal Reserve is holding an urgent and extraordinary meeting at this time to discuss the possibility of taking emergency economic measures, amid strong expectations of a rate cut ahead of the scheduled date, aiming to protect the U.S. economy from any potential repercussions of the ongoing trade tensions.

#TrumpTariffs #Binance #BTCvsMarkets

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