BREAKING: China Hits Back — Tariffs Surge to 84% on U.S. Goods

In a bold escalation of the global trade war, China has officially raised tariffs on U.S. goods from 34% to a staggering 84%, effective today (Thursday), according to a statement from the Ministry of Finance.

This sharp move comes in direct response to U.S. President Donald Trump's aggressive tariff strategy, which earlier today activated “reciprocal” tariffs across multiple nations — including a massive 104% duty on Chinese imports.

Meanwhile, the European Union is preparing its own countermeasures, set to roll out later today, signaling a deepening fracture in global trade alliances.

What this means for crypto:

Traditional markets may see increased volatility amid trade tensions.

Crypto, especially Bitcoin and stablecoins, could attract safe haven flows.

Investors and traders should watch USDT/CNY and BTC/USD pairs closely for potential movement.

Expect stronger discussions around de-dollarization and the rise of decentralized finance as nations seek alternatives to centralized monetary pressures.

As always, volatility creates opportunity.

Stay sharp, stay informed.

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