#TrumpTariffs Liberation Day” tariffs began on April 2, 2025, hitting a wide range of goods (10–50%, with up to 55% later on specific imports) .

These have expanded globally, covering China, EU, UK, Canada, Mexico, and others—a steep escalation from his first term .

A U.S. court recently struck down these tariffs as exceeding presidential authority under emergency powers, blocking them pending appeal .

2. Immediate Crypto Market Reactions

Bitcoin and other cryptocurrencies fell quickly following the April tariff rollout