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Bitcoin stumbles as Donald Trump’s tariffs rattle crypto markets
Credit: IndiaTimes- Published 1 week ago
Bitcoin has dropped over 10% following President Donald Trump's announcement of global tariffs, falling below $78,000 from its peak of nearly $110,000. Despite Trump's pro-crypto initiatives, including appointing friendly regulators and promoting digital assets, market enthusiasm is waning due to economic uncertainties. Investors...
Video credit: Oneindia
Published 1 week ago - 03:03
Trump Vows Tariffs ‘Will Never Change’ as Global Backlash Grows, Markets Crash, and Allies Retaliate
US President Donald Trump has pledged unwavering commitment to his aggressive tariff strategy, calling it a chance to “get rich.” Despite a massive stock market crash and mounting global backlash, Trump insisted tariffs are essential to protect American jobs. China, Canada, and the EU have responded with retaliatory duties, sparking fears of a global trade war. The WTO warns of economic contraction, while the US Fed sees inflation risks rising. Still, Trump’s administration denies any harm to American businesses, claiming domestic growth will offset global tensions.
#TrumpTariffs #TradeWar #USChinaTensions #GlobalMarkets #StockCrash #ImportDuties #AmericaFirst #WTO #TradePolicy #USPolitics #JeromePowell #EconomicNews #CanadaTariffs #EUResponse #GlobalRecession #TruthSocial #InflationFears #BusinessNews #TrumpEconomy #Protectionism
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