List of Flash News about US China crypto impact
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2025-05-09 11:30 |
Trump Proposes 80% Tariff on China: Key Implications for Crypto Traders
According to Evan (@StockMKTNewz), President Trump stated that an 80% tariff on Chinese goods, reduced from the current 145%, 'seems right' (source: Twitter, May 9, 2025). This significant adjustment in US-China trade policy could create volatility in global markets, particularly impacting risk assets such as Bitcoin and Ethereum, as traders often seek safe-haven alternatives during heightened trade tensions. Crypto investors should closely monitor further developments, as changes in tariffs frequently correlate with increased trading volume and price swings in digital assets (source: Twitter, @StockMKTNewz). |