The 25% Tariff Bomb: How a Single Move Shook Bitcoin and Stocks

The 25% Tariff Bomb: How a Single Move Shook Bitcoin and Stocks

President Trump’s announcement of a 25% tariff on the European Union caused significant market turmoil, impacting both traditional and digital assets. Bitcoin’s price sharply declined, dropping below $84,000 and losing over 5% within hours, influencing the broader cryptocurrency index, CoinDesk20, which fell by 2.3%. The S&P 500 mirrored this disturbance, reaching session lows and undermining … Read more

Advancements in Electric Vehicle Tariffs in Europe

Advancements in Electric Vehicle Tariffs in Europe

European Union Reduces Tesla Tariffs: EU has slashed import tariffs on Tesla vehicles manufactured in China, presenting a boon for the electric vehicle market. Changes in Dairy Sector: Meanwhile, the EU and China engage in a trade dispute over dairy subsidies, as China launches an investigation into EU dairy exports. New Tariff Agreements: The revised … Read more