Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down
Trump’s tariff regime has been sweeping. Imports from Canada and Mexico now face a 25% duty, while Chinese goods have been hit with an additional 34% tariff.
In certain cases, products from other countries are facing combined tariffs climbing as high as 54%.
The impact on the U.S. stock market was swift. By Apr. 4, the market had lost nearly $5.5 trillion.