#USChinaTensions US-China tensions have escalated with Trump imposing up to 245% tariffs on Chinese imports, prompting China’s retaliatory tariffs and warnings to other nations. This trade war has rattled markets, with US stocks sliding—Nvidia lost billions due to new AI chip export curbs to China. Cryptocurrencies like Bitcoin surged past $87K as investors sought stability amid volatility. Analysts warn of macro-driven market swings until tariff talks stabilize, with a 70% chance of recovery by June 2025. China’s push for crypto regulation to handle seized assets adds complexity, while Hong Kong aims to be a crypto hub. The trade war’s inflationary pressure and supply chain disruptions continue to unsettle global equities and crypto markets.
