US President Donald Trump’s Upcoming Tariffs Will Introduce a Reciprocal Policy

input: US President Donald Trump’s upcoming tariffs will introduce a reciprocal policy, starting April 2nd. The new policy is designed in such a manner that it targets countries with higher tariffs on U.S. goods by imposing similar charges on their products.

The upcoming tariffs set by US President Donald Trump, starting April 2nd, will introduce a reciprocal policy, targeting countries with higher tariffs on U.S. goods by imposing similar charges on their products.

As reported by Bloomberg, economists warn that this could affect a broader range of countries than Trump’s previous trade policies, potentially leading to price increases for U.S. consumers.

Trump’s administration has been in the process of preparing these tariffs since December, aiming to create a more 'fair' trading environment. The president’s goal is to treat other countries in the same way they treat the U.S., a move that could have an immediate and significant impact on various industries.

While the short-term effects of these tariffs might cause economic strain, some experts at WSJ believe the long-term results may favor the U.S. President. Trump’s vision of bringing production back to America could become a reality if business taxes are reduced and bureaucratic red tape is cut.

This follows an earlier report by the SEC, which clarified that Proof-of-Work crypto mining isn’t a security, offering relief to the industry.

How Will New Tariffs Impact the Markets?

The new tariff policy could also cause market disruptions. Some analysts predict that gold might see a surge, while Bitcoin could experience a decline.

However, with this uncertainty, Bitcoin is trying to break out of its recent downtrend, supported in part by Trump’s tariff adjustments. As the quarter ends, the easing of arbitrage selling pressure and low funding rates are helping stabilize the crypto market.

Can Bitcoin Rebound to $90,000?

Bitcoin may have found its bottom and is aiming for a rebound toward the $90,000 mark. According to Markus Thielen, founder of 10x Research, Bitcoin’s recovery is being supported by Trump’s recent shift toward a more flexible approach on tariffs.

“Bitcoin is attempting to form a bottom, supported by Trump’s recent shift toward “flexibility” on the upcoming April 2 reciprocal tariffs, softening his earlier rhetoric,” the expert said.

Despite this optimistic outlook, Thielen also noted that there isn’t a clear catalyst for an immediate, rapid rally in Bitcoin.

He predicted that Bitcoin would not fall below $73,000, thus avoiding a “deep bear market,” due to strong long-term holdings by family offices and wealth managers. Additionally, the renewed inflow of funds into U.S.-based Bitcoin ETFs last week could further support Bitcoin’s price.