On April 9, the Tariff Commission of the State Council of China announced that starting from 2025, the tariff rate on all imported goods originating from the United States will be significantly increased from 34% to 84%.
This move is seen as a response to recent international trade frictions and may further exacerbate global market volatility. BlockBeats quoted analysts who believe that such policy adjustments could push capital towards alternative investment areas like crypto assets. Previously, BitMEX founder Arthur Hayes predicted that if the U.S.-China trade conflict escalates, the crypto market would see a new influx of funds. Due to related news, Bitcoin has recently experienced significant volatility, briefly breaking through $81,000 before quickly retreating. The market is generally focused on subsequent policy trends and their potential impact on the global asset landscape.
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