1/ Trump brought back tariffs.Not as a policy tool. As a weapon.

Here's how it hit the market - and why this might be the first real macro test of 2025

2/ Starting April 5: flat 10% tariff on all imports.
April 9: "mirror" tariffs (up to 90%) on 60+ countries.
Cars and parts already hit with 25% earlier this week.

No nuance. Just straight escalation.

3/ Markets didn’t hesitate.
BTC dropped from $88k to $82k. ETH followed.

Interesting moves by Trump, definitely impacting markets. Tariffs escalating without nuance can lead to volatility in crypto and broader markets. Investors should monitor global trade tensions closely.