Trump Reverses Tariff Decision on Canadian Metals
- Donald Trump decided not to double tariffs on Canadian aluminum and steel.
- This decision came after Canada chose not to impose a 25% tax on electricity sold to the US.
- A meeting is scheduled for Thursday to reaffirm the trade pact between the US, Canada, and Mexico.
- The crypto market is experiencing a correction, with Bitcoin showing support at key levels like the 50% Fibonacci level and the 50 EMA.
Trump’s reversal on tariffs has eased concerns in both the stock and crypto markets. A meeting is set to discuss trade agreements further. Meanwhile, Bitcoin shows signs of stability amid market corrections.
Source (2.6)https://www.newsbtc.com/news/why-is-crypto-down-today-best-crypto-to-buy-as-canada-tariffs-eased/?rand=52377
