Trump Increases Global Tariff Rate to 15%, Crypto Market Remains Unfazed
US President Donald Trump has announced an immediate increase in the global tariff rate to 15%. This decision is part of his effort to address trade imbalances and boost US industry. The move has sparked uncertainty among investors about the broader economic outlook and ongoing legal and political battles.
The crypto market has traditionally experienced a major sell-off following tariff announcements. However, this time around, the market remained unchanged despite the latest news. Bitcoin's price was roughly $68,000 at the time of the announcement, while Ether's price remained relatively stable.