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Showing posts with the label tariffs

Chainlink (LINK) Vs. TRON (TRX): Which Is Better For This Dip?

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The cryptocurrency market continues its bearish trajectory. The market slightly recovered on Tuesday, Apr. 8. Bitcoin (BTC) got close to reclaiming the $80,000 mark. The rally was short-lived, and BTC has fallen back to the mid-$76,000 price point. TRON (TRX) and Chainlink (LINK) follow similar trajectories as well. Both assets experienced a slight recovery on Tuesday but are trading in the red zone on Wednesday. Also Read: Pi Network Eyes $3 as Price Rebounds 28% Amid Token Unlock Buzz TRON and Chainlink Continue To Slump Source: Watcher Guru TRX has fallen 2.3% in the last 24 hours, 4.5% in the weekly charts, 0.7% in the 14-day charts, and 3.1% over the previous month. Despite the massive correction, the asset has rallied 85.5% since April 2024. Source: CoinGecko Also Read: Is Now the Time to Buy Shiba Inu? Here’s What $2,000 Could Turn Into by 2027 While TRX has maintained some gains in the yearly charts, Chainlink (LINK) is red across the board. The asset has fallen 5.4% in the dai...

China Imposes 34% Tariffs on All US Goods From April 10

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US President Donald Trump stirred the hornet’s nest after imposing sweeping tariffs on more than three dozen countries. The tariff announcement on April 2, dubbed Liberation Day is changing the landscape of global trade and commerce. Trump imposed 34% tariffs on China making it expensive for the Communist nation to conduct business in the US. However, the Xi Jinping administration hit back by imposing 34% reciprocal tariffs on all US goods from April 10. Also Read: Tesla (TSLA) vs Ford (F) Stock Battle — $487.93 Target Meets 25% Tariff Impact JUST IN: China to impose additional 34% tariff on US goods. — Watcher.Guru (@WatcherGuru) April 4, 2025 Reuters reported China’s Finance Ministry announced the imposition of an additional 34% tariff on all US goods as a countermeasure to Trump. Apart from China, many other countries are considering tit-for-tat measures to give a befitting reply to Trump’s trade policies. The global markets will be severely impacted by measures a...

Official Trump Price Prediction: TRUMP Falls 14% As The US President Says Tariffs Still On, While Investors Turn To This ICO For Safer Meme Coin Investing

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The Official Trump price plunged 14% in the last 24 hours to trade at $13.08 as of 11:41 p.m. EST on trading volume that surged 140% to $1.3 billion. This drop in the TRUMP price comes after US President Donald Trump said that steep tariffs on Canadian and Mexican products are indeed coming next week. “The tariffs are going forward on time, on schedule,” Trump said in a press conference with French President Emmanuel Macron at the White House on Monday. Trump: "We were taken advantage of. We were led by, in some cases, fools…. Tariffs are going forward." pic.twitter.com/f02XbiAdja — Mr Producer (@RichSementa) February 24, 2025 Official Trump Price Shows Signs Of A Likely Rebound The TRUMP price chart is displaying a strong bearish trend, with price action continuously declining within a descending wedge pattern. The Official Trump price has now broken below the lower trendline of this wedge, suggesting a possible further drop. Meanwhile, the breakdown ...

Not 100%, BRICS To Face 150% Tariffs If They Ditch the US Dollar

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US President Donald Trump said that he threatened BRICS with 150% tariffs on goods if they seek an alternative currency to the dollar. The alliance of nine countries kick-started the de-dollarization agenda after the US pressed sanctions on Russia in 2022. China and Russia spearhead the initiative convincing developing countries to settle trade in local currencies. Also Read: BRICS Continue To Discuss Alternative Payment Options to the US Dollar “You know, the BRICS states were trying to destroy our US dollar. They wanted to create a new currency,” Trump said on Thursday when addressing the Republican Governors Association in Washington. He also suggested that the alliance wanted to use the Chinese yuan for trade settlements instead of the US dollar. “So, when I came in, the first thing I said is ‘any BRICS state that even mentions the destruction of the US dollar will be charged a 150% tariff,'” he noted. “We don’t want your goods,” the US P...

AI sets Solana price for Valentine’s Day, 2025

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Hit by President Donald Trump’s announced tariffs on major trading partners, China, Canada, and Mexico, the overall crypto market felt the impact, leading to a sell-off and increased selling pressure on altcoins. As such, Solana (SOL) experienced significant price drops; however, it’s currently trading in green at around $206, and it’s up more than 5% on the day. SOL 24h price chart. Source: finbold.com AI sets SOL price for Valentine’s Day Given the recent tariff news by the new White House administration, the broader crypto market experienced major fluctuations. Picks for you Here's why Gold could 'go even higher' amid the tariff war and Fed stance 14 hours ago XRP enters death spiral as $25 billion wiped in a day ...

Analyst sets Apple stock price target after Trump’s 10% tariff on China

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A Wall Street analyst has shared insights on what to expect for Apple (NASDAQ: AAPL) stock as the company navigates the latest wave of American tariffs targeting China. Given the firm’s deep integration into the Chinese supply chain, Apple remains a key stock to watch amid the evolving trade tension. The uncertainty stemming from the tariffs, which also affect goods from Mexico and Canada, has led most equities, including Apple, to record notable losses. Picks for you If you put $1,000 into an Anthony Scaramucci crypto portfolio at the start of 2025, here’s your return now 10 mins ago Buy signal for two oversold cryptocurrencies amid Trump’s tariffs crash 34 mins ago ...

China Retaliates on Trump's Tariffs: Bans 50% of US Material Exports

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China’s export ban on US materials now affects three key minerals. Beijing has blocked these exports to the United States in direct retaliation against trade restrictions. The new ban starts right away. It stops exports of gallium, germanium, and antimony, which are needed for making semiconductors, military equipment, and advanced technology. Also Read: Ripple: Will XRP Claim $3 Around Christmas 2024? China’s Retaliation: How Gallium, Germanium, & Rare Earth Export Bans Affect US Materials Source: Watcher Guru Strategic Materials Under Ban The Commerce Ministry says China’s export ban on our materials protects national security. It blocks minerals used for both military and civilian purposes. The germanium export ban affects many industries, including computer chips, fiber optic cables, and solar cells. China holds most of the market. It makes 59.2% of the world’s germanium and 98.8% of its gallium. China’s decision to ban exports of critical materials to ...