How trade wars impact stocks and crypto
Trade wars rattle traditional markets, driving stock volatility and investor flight to safe havens. Crypto often sees a boost as an alternative asset, but it is not without risks.
On April 2, 2025, President Donald Trump declared a national economic emergency and announced sweeping new import tariffs.
Dubbed “Liberation Day,” the policy set a baseline 10% tariff on all foreign goods, with a massive 145% rate on products from China. The move was framed as a way to fix long-standing trade imbalances and protect national industries.
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