Trump’s Global ‘Reciprocal’ Tariff Announcement Sends Crypto Reeling
- Bitcoin spiked then fell as Trump’s new tariffs, including a 10% baseline and steep increases on key imports, sparked market volatility.
- Trump vowed to end decades of taxpayer exploitation, targeting multiple nations and triggering global concerns about escalating trade wars.
- Higher tariffs are shaking global markets, with Dow futures dropping nearly 1,000 points.
The keyword “tariff” has probably never seen so much activity in Google following Trump’s inauguration as the 47th President of the United States.
Recently, Trump announced new tariffs (again) that will impose a 10% baseline duty on all imports to the US —with even higher rates levied on dozens of other countries, including some of…
