<ul><li>US President Donald Trump introduced new tariffs, causing market chaos and recession concerns.</li><li>Trump signed an executive order levying reciprocal tariffs on countries with tariffs on US goods.</li><li>The long-term impact of the new tariffs on global markets remains uncertain, with concerns over methodology.</li><li>Some believe the crypto market may benefit from the tariffs, while others fear the impact on mining equipment profitability.</li><li>Markets, including crypto, saw immediate crashes after the tariff announcement.</li><li>Some analysts believe the tariffs may not be as severe as expected, leading to different market movements.</li><li>Tariffs could significantly affect American crypto miners, increasing costs and impacting imports from Asia.</li><li>The methodology behind the tariff rates has been questioned, with doubts raised over administration calculations.</li><li>Concerns over the tariffs' economic effects and doubts about administration's calculations are prevalent.</li><li>Goldman Sachs had predicted a 35% chance of a US recession, which increased after the tariff announcement.</li></ul>

Trump 'Liberation Day' tariffs create chaos in markets, recession concerns

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