Coin Market

US President Donald Trump issues 90-day pause on reciprocal tariffs

Published

1 year ago

April 9, 2025

United States President Donald Trump has issued a 90-day pause for “reciprocal tariffs,” and lowered the tariff rate to 10% on countries that do not retaliate with counter-tariffs.

However, the President also said he would increase the reciprocal tariff rate on China to 125% due to the country’s counter-tariffs against the US. Trump wrote in an April 9 Truth Social post:

“At some point, hopefully, in the near future, China will realize that the days of ripping off the USA and other countries is no longer sustainable or acceptable.”

According to data from TradingView, the S&P 500 index rallied by close to 7% and the Nasdaq is up roughly 8% following the announcement, showcasing the high volatility of capital markets amid the macroeconomic uncertainty and the potential for a protracted trade conflict.

Source: Donald J. Trump

This is a developing story, and further information will be added as it becomes available.

Coin Market

JPMorgan, Mastercard make first cross-border US Treasury transfer via XRP Ledger

Published

2 hours ago

May 7, 2026

The cross-border tokenized US Treasury transaction using blockchain and banking rails builds on an earlier pilot in which the same fund moved between a public and permissioned blockchain.

Coin Market

Three reasons why Ether price rallies fizzle near $2.4K

Published

4 hours ago

May 7, 2026

Ether rallies are abruptly capped at $2,400 and multiple data points suggest this pattern will remain in play for the foreseeable future.

Coin Market

Bitcoin market dominance moves above 61%: Will altcoins follow?

Published

6 hours ago

May 6, 2026

Bitcoin’s market dominance climbed above 61% as BTC led crypto market flows. Data also showed Binance-listed altcoins’ share of volume hitting 49% in March.