8:17 AM · 11 April 2025

BREAKING: China imposes additional tariffs on U.S. goods 🚨

The Minister of Finance of the People's Republic of China announced that, starting April 12, a new, higher tariff rate on U.S. goods will take effect at 125% (previously 84%).This move followed Trump’s decision to raise U.S. tariffs on China.

The US100 briefly dropped on the news, but the move isn't very significant, taking into account current market volatility.

Source: xStation

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US OPEN: Bloody end to the quarter. Intel loses nearly 1/3 of its value, and the crypto market shakes off a hack on the largest exchange.

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Market Wrap: Binance Hack Shakes Markets. European Equities Under Pressure

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