‘National emergency’ as Trump’s tariffs dent crypto prices

Date: 2025-04-02

Crypto markets dipped after US President Donald Trump's declaration of a national emergency and sweeping tariffs on all countries as part of his latest salvo in the ongoing trade war. The Trump administration has hit all countries with a 10% tariff starting April 5, with some countries facing even larger rates, such as China facing a 34% tariff, the European Union 20%, and Japan 24%. During an April 2 speech in the Rose Garden at the White House, Trump said the US is charging countries “approximately half of what they are and have been charging us.”🚨 @POTUS signs an Executive Order instituting reciprocal tariffs on countries throughout the world.It's LIBERATION DAY in America! pic.twitter.com/p7UnfE617B— Rapid Response 47 (@RapidResponse47)...

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