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Trump's Trade Tantrum Sends Bitcoin on a Rollercoaster Ride

Reading time: 2 min • Feb 28, 2025, 10:27 AM (UTC)

Key Points

  • Trump's new 25% tariffs on Canada and Mexico, plus 10% on Ch...

Seems like someone just couldn't resist hitting that big red "TARIFF" button again. As Trump doubles down on his signature move, global markets are getting that familiar sinking feeling in their collective stomachs.

Tariffs and Tantrums: The Return

President Trump's latest trade policy adventure involves slapping a hefty 25% tariff on Canadian and Mexican imports, with an extra sprinkle of 10% on Chinese goods - because why have one international trade spat when you can have three? The Stoxx 600 responded by dropping 0.6%, apparently not thrilled about this game of economic hot potato.

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