Monday, 3 February 2025 () Cryptocurrency prices took a hit from the prospect of a trade war between the U.S. and its major trading partners, with some well-known digital assets seeing values fall more than 10%. Bitcoin fell below $100,000 after U.S. President Donald Trump announced plans to start putting large tariffs on goods from Canada, Mexico and China. The world’s most popular cryptocurrency fell to about $92,000 Sunday night before rebounding to about $99,000 by Monday morning after Trump announced a pause on the tariffs on Mexican goods. Ethereum, dogecoin, and other popular cryptocurrencies saw significant price drops – some more than 10% -- following Trump’s weekend tariff announcement.
In a bold admission, former President Donald Trump has acknowledged that his newly imposed tariffs on Canada, Mexico, and China may lead to significant disruptions. While Trump has claimed that the tariffs are aimed at addressing issues like fentanyl and illegal immigration, the president admitted...
Trump made good on his threat to slap tariffs on China, Mexico and Canada over the weekend. All imports from China now face a 10% duty. It’s 25% on imports from Mexico and Canada. Canadian oil,..
The European Union has strongly responded to President Donald Trump’s warning about tariffs, vowing to retaliate if the US imposes new trade barriers. Trump’s administration is set to target the EU..
Trump made good on his threat to slap tariffs on China, Mexico and Canada over the weekend. All imports from China now face a 10% duty. It’s 25% on imports from Mexico and Canada. Canadian oil,..
Monday, 3 February 2025 ()
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