Best Crypto to Buy Now After Trump’s Tariffs Spark Global Sell-Off
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Trump’s tariffs spark global market fears and a sell-off. Let’s talk about the impact on crypto and where investors might look for the best crypto to buy now, would it be established coins or maybe pre-sale opportunities. Global markets were shaken as new U.S. tariffs, enacted under President Trump’s administration, officially took effect, leading to sharp sell-offs and fear of a trade war. With U.S. Customs beginning collection of duties from numerous trade partners, including significant levies targeting China (reportedly up to 125% net total), the effects are being felt worldwide. This economic tension inevitably impacts the cryptocurrency market, prompting the question: What to do now and is there a token shielded from these events? While market volatility increases, some investors look towards alternative opportunities, potentially including innovative presale projects like Dawgz AI ($DAGZ). Global Reactions & Market Impact of New Tariffs The implementation of these extensive new levies has drawn responses and warnings from across the globe. China has explicitly vowed again to take “resolute and forceful” countermeasures to protect its interests, emphasizing the need for dialogue based on equality and respect. The European Union, facing significant tariffs (reported at 20%), is preparing its own countermeasures while simultaneously expressing willingness to negotiate with the U.S. EU officials. Even countries facing lower baseline tariffs, like Turkey (reportedly subject to the 10% rate), acknowledge the global impact. President Erdogan, while suggesting Turkey might weather the storm more easily than others, referred to the situation as a potential “storm that will affect everyone.” The British central bank noted a deterioration in the global risk environment, sharp declines in risky asset prices, and warned of potential “further sharp corrections” in markets, highlighting the particular vulnerability of open economies like the U.K. Crypto’s Role In The Geopolitical Uncertainty How does this global economic tension…
Filed under: News - @ April 10, 2025 12:20 pm