According to Milk Road, the US has increased tariffs on Chinese goods from 145% to 245%, meaning for every $1M worth of imports, US suppliers will pay up to $2.45M in taxes. This significant increase could lead to heightened volatility in the cryptocurrency markets as investors seek alternative assets to hedge against potential economic instability.

According to The Kobeissi Letter, Mexico is planning to raise tariffs on Chinese goods and increase purchases from the US in order to circumvent a 25% tariff threatened by President Trump. This move may impact trade flows, potentially benefiting US exports while affecting Chinese imports into Mexico.

According to The Kobeissi Letter, President Trump has announced that an additional 10% tariff on Chinese goods will take effect on March 4th. This is in addition to the 10% tariff imposed earlier this month. Traders should consider the potential impacts on market volatility and supply chain disruptions, particularly in sectors reliant on Chinese imports.