Hey, crypto friends, today let's talk about a big issue—America's reciprocal tariff policy has officially been implemented! This has been brewing since Trump took office, and on the morning of April 3, the market exploded, with Nasdaq futures experiencing a flash crash of 5%, and Bitcoin dropping to as low as 82000 dollars. This is not a trivial matter; it feels like dropping an economic nuclear bomb, affecting the global economy. Next, I'll walk you through how this move will impact the world economy and the crypto world.
1. Impact on the global economy: Is Trade War 2.0 coming?
Let's talk about the world economy first. This time's reciprocal tariff policy can be simply described as "an eye for an eye." Starting from April 5, the United States will impose a 10% baseline tariff on all regions globally, and starting from April 9, there will be additional higher special tariffs on 60 specific regions. This move sounds familiar, right? Yes, it's reminiscent of the trade war under Trump, only this time it's harsher and more comprehensive. The goal is clear: to reduce the trade deficit and to...