Weekend Tariffs Spark Volatility in Crypto Markets, Experts Warn of Impact

Concerns about escalating trade tensions are impacting crypto markets as over 50 nations have contacted the U.S. to discuss new tariffs announced by President Trump earlier this week. These tariffs, which apply a 10% “base” tariff to most imports from the US, have drawn international backlash and raised concerns about economic disruption. While some countries are considering retaliatory measures, others like Indonesia and Taiwan remain cautious, hoping to avoid escalating trade tensions. President Netanyahu met with Trump in Washington for direct trade discussions, while British Prime Minister Starmer warned of potential economic challenges.