Cryptocurrency Market Plummets Amid Trump’s Latest Tariff Letter💣💣💣
The cryptocurrency market has experienced a significant decline, down 4.5% in the last 24 hours, after President Donald Trump announced new tariffs targeting several countries.
On July 7, President Trump sent a tariff letter to 14 countries, imposing tariffs ranging from 25% to 40%. South Korea and Japan were the first to receive the new letter. Shortly after, he sent a similar notification to 12 other countries.
The countries include Tunisia, Kazakhstan, Serbia, Bosnia, Myanmar, Laos, Bangladesh, Malaysia, Cambodia, Thailand, Indonesia, and South Africa.