Trump Announces Reciprocal Tariffs and Declares “Liberation Day”
- President Donald Trump announced new reciprocal tariffs on global imports.
- April 2, 2025, is declared “Liberation Day” for American industry.
- The U.S. stock markets climbed during Trump’s address.
- Bitcoin experienced a brief surge during the announcement.
- The new tariffs target China and the European Union specifically.
President Trump signed an executive order marking April 2, 2025, as “Liberation Day” while announcing reciprocal tariffs aimed at China and the EU. The announcement saw a temporary rise in both U.S. stock markets and bitcoin values.
Source (2.6)https://news.bitcoin.com/trumps-tariffs-target-global-cheating-as-btc-dips-and-stocks-slide-after-hours/?rand=52384