Tag: Tariffs

President Trump imposed a 10% tariff on all U.S. imports, effective April 5. With higher rates up to 49% for countries like Cambodia. Aiming to protect domestic industries and reduce a $1.2 trillion trade deficit from 2024. 25% tariff on foreign cars started April 3, impacting the automotive sector. Potentially raising prices by thousands and affecting countries like Mexico and Germany. Tariffs causing significant crypto...

President Trump announces new tariffs on auto imports, effective April 2, 2025. The tariffs triggered a market drop, with Bitcoin falling below $86k. Additional threats of larger tariffs for the EU and Canada fuel further concerns. Cryptocurrency markets face volatility as traders react to trade uncertainty. President Donald Trump revealed new tariffs aimed at boosting the U.S. automotive sector. The measure, which...