Trump Imposes New Tariffs: Impacting Global Crypto Markets

President Donald Trump’s new tariffs, announced on April 2nd, 2025, as part of his ‘America First’ agenda, have triggered significant volatility across global markets, including the cryptocurrency industry. The policy targets a wide range of imports, with a 25% tariff imposed on goods from pharmaceuticals to technology. This move aims to bolster US market access and create favorable conditions for American businesses. The impact on crypto has been substantial, leading to a notable sell-off in Bitcoin and Ethereum prices.