🔥 Markets were jolted midweek as Donald Trump unveiled a sweeping set of tariffs under the banner of “Liberation Day” — triggering sharp moves across asset classes and stirring fears of a fresh trade war.
📆 Announced on Wednesday, the plan includes:
🔹 A 10% universal tariff on all imports from April 5
🔹 Higher, reciprocal tariffs on countries with large trade surpluses:
🇨🇳 China — 34%
🇪🇺 EU — 20%
🇯🇵 Japan — 24%
📉 Investors didn’t wait to react:
🔻 S&P 500 futures dropped 3%
🛡️ Safe havens like gold, bonds, and the yen jumped
💵 The dollar swung as uncertainty gripped the market
🌍 With retaliatory steps expected from the EU, Canada, and others, risks of a broader trade conflict are growing fast.
💱 In forex, volatility surged — and crypto joined the party: bitcoin spiked as traders sought refuge from fiat-driven risks.
🧠 What traders are watching now:
Inflation pressureEscalating trade retaliationFlight to safe assets and commodities
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📊 Market Movers: Trump’s Tariffs Spark Global Shockwaves was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.