US Tariffs Shock Sparks Sell-Off as Bitcoin and Stocks Retreat

As trade tensions escalate, new tariffs are triggering shifts in global markets and prompting investors to reassess strategies. Both equities and digital assets now face new challenges in an evolving economic landscape. Per CNBC, stocks dropped on Tuesday as a brief relief rally faded, and investor concerns grew ahead of President Donald Trump’s upcoming tariff deadline, which will impose a cumulative 104% tariff on Chinese goods. China was originally set to face a 34% tariff hike, but President Trump raised it to 50% after the country refused to lift its retaliatory tariffs on U source: https://news.shib.io/2025/04/09/us-tariffs-shock-sparks-sell-off-as-bitcoin-and-stocks-retreat/?utm_source=rss&utm_medium=rss&utm_campaign=us-tariffs-shock-sparks-sell-off-as-bitcoin-and-stocks-retreat