CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino
BitcoinSistemi 2025-04-02 20:17:08

BREAKING: Donald Trump Speaks About Tariffs That Will Affect All Markets, Including Cryptocurrencies – LIVE

US President Donald Trump announces details on the implementation of reciprocal and sector-specific customs duties. Here are Trump's statements (will be updated as they come): Today is the day we make America rich again. I will soon sign a decree on mutual customs duties. Jobs and factories will return to the United States. Prices will be lower for consumers. The US will impose a 10% tariff on all imports. Other countries deemed to be performing poorly on trade will be subject to higher tariffs. Customs duty on automobile imports will be 25%. Related News: Minutes Left Now: Analysts Share Possible Reaction of Bitcoin and Cryptocurrencies Ahead of Donald Trump's Tariff Announcement Trump has previously imposed tariffs on certain sectors, including China, Canada and Mexico, as well as a 25% duty on auto imports. The latest measures are expected to further reshape U.S. trade relations with key global partners. Stocks were volatile ahead of the announcement, with major indexes fluctuating throughout the session. The S&P 500 was last up 0.2% after swinging between gains and losses. The index was up 1.1% at its peak and fell the same amount at its session low. Despite the modest gains, analysts warn that market relief could be short-lived. “Any ‘relief’ bounce is likely to be short-lived as the absolute impact of the trade agenda remains decidedly negative, with downward pressure on growth/earnings and upside risks to inflation,” Vital Knowledge founder Adan Crisafulli wrote in a research report. Continue Reading: BREAKING: Donald Trump Speaks About Tariffs That Will Affect All Markets, Including Cryptocurrencies – LIVE

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.