Trump Announces Detailed Tariff Measures, US Stocks and Bitcoin Dive

BlockBeats News, April 3rd, Trump announced that the U.S. will impose a 46% tariff on Vietnam; a 10% tariff on the UK; a 31% tariff on Switzerland; a 49% tariff on Cambodia; a 36% tariff on Thailand; a 30% tariff on South Africa; a 32% tariff on Indonesia; a 10% tariff on Brazil; and a 10% tariff on Singapore. A 20% retaliatory tariff will be implemented on EU countries individually; and a 24% tariff will be imposed on goods imported from Japan. (Golden Ten)

After the detailed tariff announcement, Bitcoin quickly dropped by 3.35%, Nasdaq futures violently plunged, expanding the decline to 1.2%, and the U.S. Dollar Index (DXY) also experienced a 0.5% fluctuation in a short period.