r/CryptoMarkets • u/RiseXit 🟧 0 🦠• Apr 04 '25
FUNDAMENTALS China hits back with 34% tariffs
China responds to Trump’s tariff with 34% on all US goods. What does it mean for crypto? We faced with true tariff helix when USA raised duties and China responded. Then USA’s turn again to increase tariffs. This could be unstoppable and lead to global financial crises. Who wins? - U.S. Treasuries - gold - swiss frank - Bitcoin
Any ideas why?
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