CoinDesk Podcast Network COINDESK DAILY: China Retaliates With 84% Tariffs on U.S. Goods
Apr 9, 2025
Tensions escalate as China imposes an 84% tariff on U.S. goods, impacting both the economy and the crypto market. This move sends cryptocurrencies, including Bitcoin, into a volatile state, fluctuating between $70,000 and $80,000 with a concerning liquidity crunch. In another twist, the Trump family-backed World Liberty Financial has sold off Ethereum at a loss, adding fuel to the conversation on crypto dynamics amidst geopolitical conflicts.
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