TechFlow news, April 8 — According to Binance Research's latest report, U.S. President Trump implemented the most stringent tariff policy since the 1930s in 2025, imposing a 10% base tariff on global goods and up to 54% tariffs on Chinese products. Global trade partners swiftly retaliated, with China announcing 34% tariffs on U.S. goods and Canada imposing 25% tariffs. Amid escalating trade tensions, the total market capitalization of the cryptocurrency market erased approximately $1 trillion, down 25.9%, with Bitcoin falling 19.1% and Ethereum dropping over 40%. Analysts worry the tariff policy could push inflation expectations up to 5%, while also restraining economic growth and increasing stagflation risks. Markets now anticipate the Federal Reserve may carry out four rate cuts in 2025 to counter economic slowdown.
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