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Donald Trump has escalated trade tensions with China on Monday, April 7, by threatening to impose “additional” tariffs of 50% on Chinese products. This new escalation could take effect as early as April 9, if Beijing does not reverse its decision to retaliate against the American customs offensive. Indeed, China had announced an increase in its own tariffs to 34% on American imports, starting from April 10. The situation quickly worsened after the imposition, on Saturday, of a 10% customs tariff on all American imports. This rate is set to increase to 20% for the European Union and 34% for China by Wednesday. Labeled as a “strategic adjustment” by Trump, this measure has been seen as an attack by several economic partners, notably China, which retaliated by also applying taxes of 34% on American products. In response to Beijing’s retaliation, Donald Trump announced a 50% increase in tariffs on Chinese products. On his Truth Social platform, he labeled China as the “greatest profiteer” and criticized its reaction to a policy he deems just. Trump also specified that he would not accept any meeting requests from Beijing while starting negotiations with other nations considered more cooperative. During the press conference on April 7, 2025, Ursula von der Leyen stated that the European Union was ready to negotiate a “zero-for-zero” tariff agreement with the United States. However, Donald Trump rejected any negotiation with Europe, demanding large annual payments before considering any tariff reductions. The EU labeled this demand as extortion, emphasizing that relations between Europe and the United States are now fractured. In reaction to these statements, European stock markets turned positive again, although the situation remains tense, and NATO could be the next target of tensions. The trade war between the United States, China, and the European Union continues to intensify global tensions. Donald Trump’s threats and the responses from Beijing and the EU signal a period of difficult negotiations. Markets remain volatile and are still struggling to recover from the $3.25 trillion wiped out in 24 hours .

Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has weighed in on recent political and economic turmoil in the U.S. with a vivid and controversial post. His book has been a long-standing best seller, translated into dozens of languages and sold worldwide, shaping global conversations around financial education and self-reliance. Kiyosaki shared on social media platform X on April 6: “Today, there is a new horror show known as President Trump and Elon Musk’s DOGE Chainsaw Massacre.” The famous author added: While I feel for the millions who are losing their jobs… something had to be done… and Trump and Musk are doing it. In a tone blending urgency and skepticism, the famous author acknowledged the economic pain being felt by many, but suggested that deep systemic cuts were necessary. “Even Warren Buffett is impressed,” he claimed, “simply saying it has to be done.” Kiyosaki continued: “I heard another commentator say, ‘The chemo is more painful than the cancer.’” The Department of Government Efficiency (DOGE), led by Musk, has initiated significant federal spending cuts, aiming to reduce the budget by up to $2 trillion. These measures have included mass layoffs and the elimination of various programs, leading to mixed reactions among federal workers and the public. Reflecting on the state of the government and its institutions, Kiyosaki reiterated: “While I feel the pain of those losing their jobs… I agree something had to be done. The swamp filled with corrupt bureaucrats… has to be drained.” The well-known author opined: My question is, ‘Will the cuts be enough?’ Can Trump and Musk save the dying U.S. dollar. I don’t know. Only time will tell. As he has often done, Kiyosaki concluded with a warning and a personal strategy: “In case the cuts do not save a dying and corrupt monetary system… I will continue to build my own gold, silver, and bitcoin standard.” The acclaimed author emphasized: I will continue buying more gold, silver, and bitcoin because I do not trust ‘the creatures lurking in the swamp.’ Kiyosaki has long promoted bitcoin as “people’s money” and frequently cautioned against relying on fiat currencies like the U.S. dollar, which he believes are being devalued by reckless government policies. His repeated warnings signal his belief that hard assets—especially gold, silver, and bitcoin—offer the safest path forward amid what he sees as a collapsing financial system. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

Trading Game Plan for Tariffs according to Canaccord Genuity 🚨 They give a 3% probability that the U.S. will experience soaring deficits, interest rate servicing costs that rival Social Security by 2028, and the dethroning of the U.S. Dollar as the World's reserve currency

In an unprecedented move, Trump upped the stakes in the ongoing trade war, threatening to raise tariffs on China to 104% while the crypto market remains on edge. After the Chinese retaliation to the latest US tariff push, U.S. President Donald Trump is threatening further measures. On April 7, Trump announced on his social media platform Truth Social that China would face an additional 50% tariff if it didn’t remove countermeasures. Notably, China introduced 34% retaliatory tariffs on all US goods, mirroring the same measure by the United States. Now, Trump has given China an ultimatum to remove its retaliatory tariffs by April 8, or face new measures. “If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th.” Donald Trump The combined tariffs on Chinese imports to the United States are currently 54%, taking into account existing tariffs plus Trump’s new measures. If the new tariff takes effect, Chinese goods would face tariffs of 104%. For specific goods, like automobiles and electronics, the tariff rates would be even higher. Since the April 2nd “Liberation Day” announcement, average US tariffs on foreign goods rose to 18.8%. This is the highest level since the Smoot-Hawley Act of 1930, which caused major concern in both stock and crypto markets. Crypto markets lost $1 trillion in value since February, as risk-off sentiment dominated the markets. Namely, traders fear a rise in inflation, a fall in growth, and employment due to the economic effects of tariffs. Still, it is not clear how long these tariffs will last, and what the long-term rates would be. Notably, 59% of the traders on Polymarket expect that Trump will reduce the majority of tariffs by July. Just one day prior, on April 6, these odds were at just 33%. Following the newsof , Bitcoin (B) spiked to a daily high of $81.119, before dropping to $78,321. Some traders hope that Trump’s tariffs are a bargaining tool rather than a long-term measure. This scenario became more likely once Trump hinted at a possible 90-day pause on all tariffs, except on China, as trading negotiations are ongoing.

Bitcoin held relatively steady Monday near key support levels, even as President Donald Trump brought on a fiery rhetoric on social media regarding trade tariffs and Federal Reserve policy, fueling fresh debate about BTC’s role during macroeconomic uncertainty. While Trump accused China of unfair tariff retaliation (citing a 34% hike) and insisted there’s “NO INFLATION” despite recent market turmoil, Bitcoin found its footing. After dipping below $75,000 earlier Monday (hitting lows near $74,434), BTC climbed back to trade around $76,561 at press time. The crypto market overall had shed over $100 billion since April 1st due to tariff fears. In his post, Trump mentioned oil, food, and interest rates are down and insisted there’s “NO INFLATION.” At the same time, he pressured the Fed to slash rates in response. “The slow-moving Fed should cut rates!” he wrote, as he slammed China for its unfair retaliation despite the U.S. bringing in billions weekly from existing tariffs. His politically charged statement has real economic implications: if the Fed bows to pressure, liquidity could surge—and that’s exactly where Bitcoin could benefit. Related: FDUSD Defies FUD with $170M Inflow Against Trend of Major Crypto Outflows Historically, dovish monetary pivots have fueled appetite for risk assets, and crypto markets are no exception. With over $100 billion wiped off crypto’s total market cap in recent days due to macro fear and tariff shocks, traders are now recalibrating their strategies. The looming question is if emergency rate cuts or a quantitative easing would help Bitcoin rebound from its current slump. For now, BTC appeared to have found support at $74K. This aligns with the first major supply cluster below $80K – over 50K $BTC at $74.2K. Glassnode found that investors who had been active for five months typically held at this level, and steadily raised their cost basis until 10 March, after which they remained dormant. As market participants speculate on Trump’s next course of action, Bitcoin may end up as one of the key beneficiaries if inflation stays muted and fiat credibility takes a hit. Related: Don’t Expect Quick BTC Rally: Ki Young Ju Sees 6+ Month Bear Data Pattern While Wall Street navigates the chaos, Bitcoin holders are eyeing the Fed’s next move. If rate cuts come, Bitcoin’s next bull run may not be far behind. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.