#特朗普暂停新关税 Trump has raised tariffs again, and this time the whole world is truly panicking. From a 145% tariff on Chinese goods to a 90-day suspension of tariffs on 75 countries globally, this move has thrown the entire market into chaos.

1. China responds strongly:

Imposing an 84% retaliatory tariff on U.S. goods, effective immediately

Devaluation of the yuan to hedge against export impacts

Starting coordination with multiple countries to prepare for a 'united front' against U.S. policies

This is not just a trade war; it also involves financial gamesmanship.

2. Europe chooses to observe:

Suspending retaliatory tariffs, hoping to negotiate with the U.S. within 90 days

Germany is the most anxious, as auto exports may suffer heavy losses

The overall attitude is to negotiate if possible, and to avoid actual conflict

3. Performance in the cryptocurrency market:

Bitcoin has dropped from a peak of 109,000 at the beginning of the year to 77,000, a nearly 30% decline

After the announcement on April 9 to suspend some tariffs, the market briefly rebounded

Risk-averse sentiment is rising, with funds flowing into gold, U.S. Treasuries, and other assets

4. Where do we go from here?

Short-term: Increased volatility, everyone is hesitant to make moves

Medium-term: See how the U.S.-China negotiations go in 90 days

Long-term: If the economy continues to be turbulent, cryptocurrencies may be viewed again as safe-haven assets

This tariff war is not just an economic battle; it is also a test of confidence in the global market. For the cryptocurrency market, times are indeed tight, but opportunities are not absent.

Don't forget, every major correction creates space for the next market wave. Stay patient and observe; no need to rush.

What do you think? In this round of tariffs, is the cryptocurrency market merely collateral damage, or is it the next safe-haven star? Feel free to chat in the comments.