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Recent developments in U.S. trade policy have sparked significant movements in financial markets and raised questions about the global economic outlook.

Tariff Exemptions Boost Tech Stocks:
The Trump administration's decision to exempt key electronic products, including smartphones and laptops, from new tariffs on Chinese imports has led to a surge in tech stocks. Apple shares rose as much as 7% in early trading, closing about 2% higher. Other tech companies like Dell and Super Micro also experienced gains, with increases of 5.4% and 5.8% respectively . This exemption has temporarily alleviated investor concerns over potential price hikes and supply chain disruptions. (Source: NewYork Post, Business Insider, Barron's)

Additional Tariff Exemptions on Pharmaceutical, Auto and Tech Industries:
President Trump had announced a 25% tariff on all auto imports, set to take effect on April 2. However, a one-month exemption has been granted to U.S. automakers, including Ford, General Motors, and Stellantis, to allow time for supply chain adjustments. Today Trump also said he is considering additional tariff exemptions on auto, pharmaceutical and more tech industries in addition to phone and computers, etc electronic products. The administration aims to encourage companies to shift production to the U.S., with the goal of reducing reliance on foreign manufacturing Despite the temporary relief, the auto industry remains concerned about the potential for increased costs and the impact on vehicle prices. (Source: Bloomberg, CBS News)

Global Recession Risks and Crypto Implications:
While the tariff exemptions have provided short-term relief to certain sectors, concerns about a potential global recession persist. Analysts warn that escalating trade tensions and protectionist policies could lead to economic contraction. In this uncertain environment, cryptocurrencies have shown resilience, with Bitcoin trading in around $85,000 range. The decentralized nature of crypto assets may offer investors a hedge against traditional market volatility, potentially attracting incrrased interest in the digital asset space. (Source: Business Insider)
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Several recent reports suggest that President Donald Trump's newly imposed tariffs are facing legal challenges and business opposition, which could potentially lead to delays or reconsideration of their implementation:
• Legal Challenges: The Wall Street Journal highlights that President Trump's use of the International Emergency Economic Powers Act (IEEPA) to justify the tariffs is unprecedented and may face legal scrutiny. Critics argue that the law doesn't explicitly authorize tariff implementation, and lawsuits are emerging to challenge this actio. (Source: WSJ)
• Market Situation: According to PANews, market sentiment took a major hit after U.S. President Donald Trump unveiled his proposed tariff policy, heightening fears over global economic stability. On Friday alone, the S&P 500 shed $1.5 trillion in market value, contributing to a staggering two-day loss totaling $3.5 trillion. The downturn was led by sharp declines in major tech stocks, dragging the Nasdaq index down over 20%, from its December peak and officially pushing it into bear market territory. The situation is clearly building a huge pressure on the White House.
• Business Opposition: Reuters reports that U.S. an Vietnamese businesses have jointly urged the Trump administration to delay a planned 46% tarif on Vietnamese goods, citing potential harm to companies and bilateral trade relations. (Source: Reuters)
Several businesses and prominent American business leaders have recently expressed opposition to the newly imposed tariffs, citing concerns over their economic impact:
Businesses Opposing the Tariffs:
• Jaguar Land Rover (JLR): The automaker has temporarily paused its vehicle shipments to the United States in response to the new 25% tariff on imported vehicles. JLR is assessing how to adjust to these new trading conditions, noting that the tariffs could increase the cost of new cars in the U.S. by $5,000 to $10,000 or more. (Source: The Verge)
• Nintendo: The gaming company has postponed U.S. preorders of the Switch 2 console due to the tariffs, reflecting broader concerns in the technology sector about the impact of increased import costs. (Source: THE VERGE)
Business Leaders' Reactions:
• Ken Langone: The billionaire co-founder of Home Depot has publicly criticized the recent tariff implementations, expressing concerns over their potential to harm the U.S. economy. Langone emphasized the need for stable and predictable trade policies to support business growth. (Source: Wikipedia)
• Jamie Dimon: The CEO of JPMorgan Chase has voiced opposition to the tariffs, stating that they contribute to economic uncertainty and could negatively affect the financial markets. Dimon highlighted the importance of free trade and cautioned against policies that might lead to retaliatory measures from trading partners. (Source: WIKIPEDIA)
• Bill Ackman: Billionaire investor Bill Ackman suggested that U.S President Donald Trump might delay the implementation of newly announced tariffs to allow more time for negotiations and to give businesses time to prepare for changes. Ackma believes a postponement could prevent increased uncertainty that might lead to a recession. (Source: CoinTelegraph/Cointine/Brecorder/Coinsurges etc)
These developments suggest that legal and busines pressures are mounting, which could influence the administration to reconsider or delay the tariff implementations.
Potential for Tariff Delays:
While there is significant opposition from various sectors, the current administration has not indicated any plans to postpone or delay the tariffs. President Donald Trump has ruled out delaying new tariffs on imports from Mexico, Canada, and China, stating, "No no. Not right now, no." This stance suggests that, despite legal challenges and business opposition, the tariffs are set to proceed as scheduled. (Source: Mint)
Conclusion:
The opposition from major businesses and influential business leaders underscores the widespread concerr about the potential negative impacts of the tariffs on the .S. economy. However, the administration's firm position indicates that, unless there are significant developments, the tariffs will be implemented as planned.
As the reciprocal tariff is going to be implemented on 09 Apr 25, to monitor potential delays or postponements of these tariffs, we should pay close attention to official statements from the White House and the Office of the United States Trade Representative (USTR) between now and April 9. Additionally, developments from key trading partners, such as China and the European Union, may influence tariff implementations. Engagements with business leaders and economic advisors could also provide insights into possible adjustments.
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$SUI price prediction for this weekend:
According to Binance's price prediction, Sui is expected to stay around $2.20 ~ $2.25 without much volatility!
Two immediate price support levels for the short term:
1. $2.16 & 2. $2.07
Two immediate price resistance levels for the short term:
1. $2.29~$2.32 & 2. $2.37~$2.42
We should watch closely the price actions considering above support & resistance to decide what's going to happen next week.
As per the macro situation, after Powell's yesterday's comment, people feeling bearish about crypto after a significant rebound moves yesterday.
Sui growth rate over the last year:
Although $SUI launched only in 2023, it has seen an explosive increase in trading volume over a very short time. Early trading volumes were much lower (often in the hundreds of millions USD per month). Now, recent data shows that the 30‑day trading volume is in the ballpark of $27–40 billion USD. This indicates that monthly trading volumes have grown by several hundred percent since launch.

Sui’s Compound Annual Growth Rate (CAGR):
Considering the initial Price, $0.093 (around May 2023) and the current Price, approximately $2.25 (as of early April 2025), in about 1.92 years (from May 2023 to April 2025), the CAGR is 426% per year.
While the CAGR of other popular Altcoins for trading are:
Ethereum (ETH): Approximately 195% per year CAGR considering the initial price approximately $0.311 per ETH during its IC0, which ended on September 2, 2014 and the current price (as of April 5, 2025)  ~ $1,812.02 per ETH and the time period approximately 10.6 years.
Solana ($SOL): Approximately 400% per year CAGR considering the initial Price about $0.04 per SOL at the seed sale and the current Price around $121 and the time period approximately 5 years (from early 2020 to April 2025).
Dogecoin (DOGE): Approximately 65% per year CAGR considering the initial price roughly $0.0004 per DOGE in late 2013 and the current price about $0.17 and the time period ~12 years (2013-2025).
Ripple ($XRP): Approximately 27% per year CAGR considering the initial price  bout $0.10 per XRP (circa 2012) and the current price approximately $2.16 and the time period about 13 years (from 2012 to 2025).
Cardano (ADA): Approximately 59.39% per year CAGR considering the initial price around $0.02 at launch during its ICO in late 2017 and the current price approximately $0.66 and the time period ~7.5 years (from late 2017 to April 2025).
While Aptos (Apt) has a negative CAGR of -19.6% and Avalanche (Avax) got the CAGR 196% per year.
Clearly $SUI is leading among the popular Altcoins considering it's growth rate.