List of Flash News about EU retaliatory tariffs
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2025-03-30 18:21 |
Global Tariff Retaliations Impact on Cryptocurrency Markets
According to The Kobeissi Letter, Canada has announced reciprocal tariffs on $21B of US goods, and China has imposed 10-15% tariffs on US agricultural products. The EU has also vowed retaliatory tariffs, while Mexico's President plans counter-tariffs on April 3rd. Such trade tensions could influence cryptocurrency markets as investors might seek digital assets to hedge against global economic uncertainties. |
2025-03-30 18:21 |
Global Tariff Escalations Impact on US Trade: Analysis by The Kobeissi Letter
According to The Kobeissi Letter, Canada has announced reciprocal tariffs on $21 billion of US goods, China has imposed 10-15% tariffs on US agricultural products, and the EU plans retaliatory tariffs. Mexico's President is set to announce counter-tariffs on April 3rd. These trade measures are likely to impact US commodity exports and import costs, affecting market volatility and trading strategies. |