Michaela
President Donald Trump has announced a 90-day delay on new “reciprocal tariffs” and offered a reduced 10% rate for nations that refrain from retaliating—news that sent U.S. stock markets climbing.
President Trump shared the tariff update through a post on his social media platform, Truth Social. “At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable,” President Trump wrote.
President Trump stated that more than 75 countries have contacted U.S. officials—including representatives from the Departments of Commerce, Treasury, and the U.S. Trade Representative—to engage in talks on trade issues ranging from tariffs and trade barriers to currency manipulation. He added that, at his urging, these nations have so far refrained from retaliatory actions against the United States.
“I have authorized a [90-day] PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately,” President Trump added.
Global capital markets have been on a rollercoaster ride, with sharp price swings triggered by President Trump’s tariff-related announcements. Trillions in shareholder value vanished within days of the signing of the reciprocal tariffs order, only to rebound when the administration signaled potential pauses or softened its tone. The result has been a period of intense market volatility, with investors reacting swiftly to each policy shift.
At the time of publication, Bitcoin had risen 6.6% over the past 24 hours, reaching $82,003.93, according to CoinGecko data. Meanwhile, the S&P 500 posted a nearly 7% gain, according to TradingView data. The sharp moves highlight the heightened volatility sweeping through financial markets as investors react to growing macroeconomic uncertainty and the possibility of an extended trade standoff.
Looking ahead, how governments and markets respond to these shifts will be key. As digital assets continue gaining traction behind the scenes, their role in reshaping global finance may grow faster than expected—quietly redrawing the boundaries of power, policy, and participation in the world economy.
Read More
- US Tariffs Shock Sparks Sell-Off as Bitcoin and Stocks Retreat
- China Hits Back: Retaliatory Tariffs and Export Controls Target Key U.S. Industries
- Tyler Winklevoss Bitcoin Hedge Comment Follows $1.36B Crypto Crash
Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
