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Key Points: U.S. maintains tariff measures under Trump’s policy. Crypto markets may face increased volatility due to trade tensions. Investors show caution amidst economic uncertainty. The U.S. Secretary of Commerce, Wilbur Ross, reiterated that President Trump would not lift tariffs unless other countries address their own trade barriers. The announcement came on April 3, 2025, amid ongoing trade discussions. This decision highlights continued protectionist policies under Trump, creating uncertainties for financial markets, including digital assets. Tariff Standoff: U.S. Holds Firm on Trade Policy Wilbur Ross confirmed that the U.S. government would persist with current tariff measures unless other nations make significant changes to their trade policies. President Trump has remained steadfast in his “America First” trade policy, favoring renegotiations that benefit U.S. economic interests. President Donald Trump emphasized retaliating with stronger measures, stating that his administration continues to push for renegotiations that favor American interests. The continuation of tariffs is expected to maintain disruptions in global trade. Cryptocurrency markets may experience heightened volatility as investors adjust their strategies to navigate ongoing uncertainties. Financial analysts noted the absence of drastic changes within digital ecosystems related directly to this news. In reaction to the tariff policy, market participants exhibit increased caution, awaiting further developments. While no specific responses from key cryptocurrency figures surfaced, Wilbur Ross’s statement underlined the administration’s unwavering stance. Historical Context, Price Data, and Expert Insights Did you know? Similar trade wars under Trump between 2018-2019 led to investors seeking safe-haven assets, a pattern that may repeat amid current tariff discussions. Bitcoin currently trades at $81,977.11, with a market cap of 1.63 trillion and 62.16% market dominance, according to CoinMarketCap. The cryptocurrency’s price has seen a 5.53% decline in 24 hours and dropped by 17.42% over the past 60 days. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 15:58 UTC on…

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Filed under: News - @ April 3, 2025 6:21 pm