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
source: https://cointelegraph.com/news/national-emergency-trump-tariffs-dent-crypto-prices?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound