Trump's April 2025 Tariff Moves: How Trade Wars Affect the Global Economy and Bitcoin
On April 2, 2025, President Donald Trump will make key decisions regarding tariffs, which are expected to have significant implications for both the global economy and the cryptocurrency market. These new tariffs, including a 25% tax on imported cars and expanded levies on steel and aluminum, are set to raise costs for businesses and consumers alike. While trade partners like Canada, Mexico, and China have responded with countermeasures, the trade war's ripple effects have already impacted Bitcoin and other cryptocurrencies. In this article, we explore Trump’s tariff strategy, its effects on global trade, and the potential consequences for the crypto market as investors navigate these turbulent times.
2025-04-02Read
