比特币（BTC）正在塑造全球贸易政策中的关键时刻。美国总统唐纳德·特朗普（Donald Trump）称其为“解放日”

4月2日，正在成为全球贸易政策中的关键时刻。美国总统唐纳德·特朗普（Donald Trump）将其称为“解放日”，指的是何时新的关税（超过20％）将袭击25个国家的进口。

April 2 is shaping up to be a pivotal moment in global trade policy.

4月2日，正在成为全球贸易政策中的关键时刻。

After months of deliberation, the Biden administration is set to impose new tariffs on imports from over 25 countries, with rates exceeding 20% for the first time in decades. The tariffs will hit a range of products, including metals, chemicals, and machinery.

经过几个月的审议，拜登政府将对25个国家的进口征收新的关税，数十年来首次超过20％。关税将达到一系列产品，包括金属，化学品和机械。

The administration is also considering "broader and higher tariffs" beyond this initial wave, which could have a significant impact on the global economy.

政府还正在考虑以外的最初浪潮“更广泛，更高的关税”，这可能会对全球经济产生重大影响。

The tariffs are part of the administration's effort to reduce the US trade deficit and protect American jobs. However, the tariffs have been met with criticism from businesses, who say they will lead to higher prices for consumers.

关税是政府为减少美国贸易赤字和保护美国工作的努力的一部分。但是，关税已受到企业的批评，他们说他们将为消费者带来更高的价格。

"We're going to have a Liberation Day on April 2nd," President Trump said at a rally in March. "We're going to be making some changes to the trade policy of this administration, and we're going to be putting tariffs on many countries who have been cheating our country for far too long."

特朗普总统在三月份的一次集会上说：“我们将在4月2日举行解放日。” “我们将对本届政府的贸易政策进行一些更改，我们将向许多欺骗我们国家欺骗太久的国家征收关税。”

The tariffs are set to take effect at 12:01 am on April 2. After that, any goods entering the US will be subject to the new tariffs, regardless of when they were shipped.

关税定于4月2日上午12:01生效。此后，无论何时发货，进入美国的任何商品都将受到新的关税。

The tariffs will be applied to goods from countries including China, Canada, Mexico, and the European Union. The tariffs will vary depending on the type of good and the country of origin.

关税将适用于来自中国，加拿大，墨西哥和欧盟等国家的商品。关税将根据良好和原籍国的类型而有所不同。

For example, tariffs on steel will be 25%, while tariffs on aluminum will be 10%. Tariffs on chemicals will be 15%, and tariffs on machinery will be 20%.

例如，钢的关税将为25％，而铝的关税将为10％。化学药品的关税将为15％，机器的关税将为20％。

The tariffs are expected to have a significant impact on the US economy. They are likely to lead to higher prices for consumers and businesses, and they could also damage the US manufacturing sector.

预计关税将对美国经济产生重大影响。他们可能会导致消费者和企业的价格更高，并且也可能损害美国制造业。

The tariffs are also likely to have an impact on the US stock market. The S&P 500 index has already dropped by about 10% since the beginning of the year, and the Nasdaq 100 index has dropped by about 15%.

关税也可能会对美国股市产生影响。自今年年初以来，标准普尔500指数已经下降了约10％，纳斯达克100指数下降了约15％。

Investors will be watching closely to see how the new tariffs affect the market.

投资者将密切关注，以了解新的关税如何影响市场。

At the same time, gold prices hit a record high on Monday, as a pessimistic market mood and a pessimistic outlook from the World Bank pushed investors further into safe-haven assets.

同时，由于悲观的市场情绪和世界银行的悲观前景，黄金价格在周一创下了创纪录的幅度，这使投资者进一步推向了避风港资产。

In a risk-off trade, the S&P 500 eked out a 0.04% gain to close at 4,091.64, while the Nasdaq 100 fell 0.5% to 13,030.88. Both indexes had dropped about 3% last week, the broadest measure of US equities.

在冒险交易中，标准普尔500指数的收益为4,091.64，而纳斯达克股票100下降了0.5％，至13,030.88。上周，这两个指数都下降了约3％，这是美国股票的最广泛衡量标准。

The Dow Jones Industrial Average rose 193.48 points, or 0.7%, to 33,970.16, as economically sensitive bank stocks rebounded.

道琼斯工业平均水平上涨了193.48点，或0.7％，达到33,970.16，因为经济敏感的银行股票反弹。

The yield on the 10-year Treasury fell to 4.2%, while the Consumer Price Index for March, due on Tuesday, is expected to show some uptick in some of the core components of inflation.

10年期财政部的收益率下降到4.2％，而3月份到期的消费者价格指数预计将显示出通货膨胀的一些核心组成部分。

"The market's reaction is a classic sign of a risk-off environment, one that often precedes economic contraction," said economists at Credit Suisse in a note.

瑞士信贷经济学家在一份票据中说：“市场的反应是风险环境的经典迹象，通常是经济收缩之前的反应。”

Bitcoin dropped 6% in the past 24 hours to $69,162.9 by 07:18 ET (11:18 GMT). The world’s largest cryptocurrency has dropped about 40% from a record high of $110,000 hit in November 2021.

在过去的24小时内，比特币下降了6％至$ 69,162.9，乘07:18 ET（GMT 11:18）。全球最大的加密货币从2021年11月的110,000美元命中率上升了约40％。

While Bitcoin is known for its volatility, a 6% drop is relatively modest for the cryptocurrency, which can swing wildly in both directions. Still, this does not make it a reliable hedge just yet, although its growing role as a reserve asset suggests this could shift over time.

尽管比特币以其波动率而闻名，但对于加密货币而言，降低了6％，这可能会在两个方向上疯狂地摆动。尽管如此，尽管它作为储备资产的越来越多地表明，这可能会随着时间的流逝而变化，但这并没有使其成为可靠的树篱。

In periods of macroeconomic and geopolitical instability, investors typically seek yield-bearing and historically stable assets. Both US government bonds’ decreasing yield and gold prices’ increase signal an increasing demand for these types of assets.

在宏观经济和地缘政治不稳定时期，投资者通常寻求承重和历史稳定的资产。美国政府债券的降低收益率和黄金价格的提高都表示对这些类型的资产的需求增加。

Gold futures rose 1.8% to $3,153.80 per ounce, reaching a new all-time high on Monday. The precious metal is now up about 17% year-to-date.

黄金期货每盎司上涨1.8％，至3,153.80美元，在周一达到了新的历史最高点。现在，贵金属逐年增长约17％。

According to Bloomberg, gold funds have attracted more than $12 billion in net inflows over the past two months, marking the largest surge of capital into the asset since 2020.

据彭博社称，在过去的两个月中，黄金基金吸引了超过120亿美元的净流入，这标志着自2020年以来资产的最大资本浪费。

Since the beginning of the year, gold prices have been up nearly +17%, while the S&P 500 has been down -5%. This shows a precarious state of the economy, further confirmed by a sharp drop in the US consumer sentiment.

自今年年初以来，黄金价格上涨了近17％，而标准普尔500指数下跌了-5％。这表明了经济状况不稳定，这进一步证实了美国消费者情绪的急剧下降。

The University of Michigan's preliminary reading for April showed that the consumer sentiment index

密歇根大学4月的初步阅读表明，消费者情感指数