#CryptoTariffDrop The latest updates on Trump's tariffs and their potential impact on cryptocurrency are closely intertwined. Here's what you need to know:

Tariff Updates

- *Baseline Tariffs*: A 10% baseline tariff has been imposed on imports from most countries, effective April 5, 2025.

- *Reciprocal Tariffs*: Higher reciprocal tariffs, ranging from 11% to 50%, are set to take effect for 57 targeted countries, including the EU, on April 9, 2025.

- *China-Specific Tariffs*: The US has imposed a 34% tariff on Chinese imports, with an additional 50% tariff threatened if China doesn't withdraw its retaliatory tariffs.

- *Auto Import Tariffs*: A 25% tariff has been announced on all imported cars