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BTCC / BTCC Square / Global Cryptocurrency /
Tariff Turmoil: How Trade Wars Are Shaking Global and Crypto Markets

Tariff Turmoil: How Trade Wars Are Shaking Global and Crypto Markets

Author:
Global Cryptocurrency
Published:
2025-04-14 04:03:01
19
1
On April 6, 2025, veteran US President Donald Trump imposed a 50% tariff on all imports from China, dubbed as ’Liberation Day.’ The action was intended to revitalize American manufacturing but triggered a financial chain reaction that extended into crypto markets. The initial global market reaction was panic, with the MSCI Asia-Pacific Index dropping over 3% and the Shanghai Composite falling by 4.7%. European markets were also affected, indicating serious investor nervousness worldwide.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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