Donald Trump Threatens Additional 50% Tariff on China, How Will Crypto Market React?

Quick Summary:

United States President Donald Trump is not giving up on his plans to make nations like China accept the terms of his reciprocal tariffs, which he unveiled last week.

Countries have started announcing counter-tariffs, exacerbating the long-drawn trade war that has continued to affect the crypto market.

Considering the nature of stock market losses, the industry is now very sensitive to fake news.

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets: IndiaCanadaChinaJapanMexicoUnited States

Topics: 24/7 Cryptocurrency News President Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 18:52:30 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 472 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27674041

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 33 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #59

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