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The cryptocurrency market is highly volatile after Trump's tax.
On April 2, 2025, United States President Donald Trump will implement a new tax, calling it “Liberation Day” for the United States. These taxes target countries that impose high taxes on American products or have strict trade rules that the United States deems unfair.
This move is part of Trump’s efforts to protect U.S. industries and reduce the trade deficit. The White House believes that the new measures will help create a more level playing field for U.S. businesses in the global market. The ultimate goal is to narrow the unreasonable trade gap, bringing competitiveness and sustainable growth to the national economy.
These tax measures simultaneously create new pressure on America’s trade partners, promoting fairer trade agreements in the future. Trade partners may need to reassess their strategies and adjust to adapt to the new situation.
Through this change, the Trump administration hopes not only to create benefits for domestic businesses but also to strengthen the United States’ position in the context of the continuously changing global trade. This determination could pave the way for new trade policies that significantly impact global economic relationships.
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