By Emir Abyazov Last Sunday, US President Donald Trump issued a sharp rebuttal to information about “exceptions” to the tariff standoff with China. The White House chief unleashed a tirade on Truth Social, where he interpreted the US Customs Service’s decision in his own way. “There was no Tariff ‘exception’ announced on Friday,” wrote Trump. […]
Tag: Beijing
By Jordan Lyanchev US President Donald Trump made some big moves on the Trade War scene that he started, which led to substantial volatility in the cryptocurrency markets all week. Let’s unpack. After last week’s ‘Liberation Day,’ in which the POTUS announced taxes on all countries of at least 10%, while many big partners got […]
By admin China has announced a sweeping 34% tariff on all U.S. imports starting April 10th, directly countering Trump’s April 2nd reciprocal tariff declaration Bitcoin briefly touched $84,000 before retreating below $82,000 following China’s retaliatory announcement The U.S. Dollar Index (DXY) experienced a significant 2% decline, reflecting damaged investor confidence Recession prediction markets show alarming […]