<ul><li>Bitcoin spiked then fell as Trump’s new tariffs, including a 10% baseline and steep increases on key imports, sparked market volatility.</li><li>Higher tariffs are shaking global markets, with Dow futures dropping nearly 1,000 points.</li><li>Under the new measures, Chinese imports will face a 34% tariff in addition to the previous 20%, raising the total levy on those goods to 54%.</li><li>European leaders expressed dismay at the announcement, with Italy’s Prime Minister Giorgia Meloni warning that a trade war would ultimately weaken the West in favor of other global players.</li></ul>

Trump’s Global ‘Reciprocal’ Tariff Announcement Sends Crypto Reeling

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