#TariffsPause
Trump's 90-day tariff pause initially brought temporary relief to U.S. equity and cryptocurrency markets, with stocks rebounding and Bitcoin surging over 7%. However, today's developments have reintroduced uncertainty. President Trump stated that if high tariffs remain in place a year from now, it would represent a "total victory," hinting at a willingness to sustain or escalate trade barriers. Despite China easing some tariffs, Trump’s mixed signals about trade negotiations caused fresh market volatility. Meanwhile, U.S. consumer sentiment plunged 8% in April — one of the steepest drops since 1952 — raising recession fears. Economist Paul Krugman also warned that the tariff policies are fueling ongoing market instability. Altogether, while short-term optimism briefly lifted markets, long-term risks for both traditional and crypto markets remain significant.