shuaizhi

@shuaizhi

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75 Followers

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China has raised tariffs on U.S. imports to 125%, matching the U.S.’s recent increase on Chinese goods, escalating the ongoing trade war. President Trump expressed optimism about reaching a deal, but global markets remain volatile, with supply chain disruptions looming. U.S. consumers are facing higher prices as companies like China’s Anker pass on tariff costs.

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U.S. markets dropped significantly yesterday, with the S&P 500 falling over 3% as investors grappled with ongoing uncertainty over President Trump’s tariffs, despite a temporary pause on the 10% "reciprocal tariffs" for most countries. China’s yuan has hit its lowest level since 2007, reflecting pressure from the U.S.’s 125% tariffs on Chinese goods. China has signaled openness to talks but remains firm on countering U.S. moves, raising fears of further economic fallout.

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President Donald Trump has raised tariffs on Chinese goods to 125%, effective immediately, while announcing a 90-day pause on the 10% "reciprocal tariffs" imposed on other countries. The S&P 500 surged 9.5% in a historic rally, marking its largest single-day gain since 2008. Markets in Asia, however, saw declines, with Japan’s Nikkei 225 dropping over 5%. China’s Commerce Ministry has signaled willingness to negotiate, though it maintains its resolve to counter U.S. pressure.

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The U.S. has implemented a 104% tariff on Chinese goods effective today, following President Trump’s announcement of an additional 50% duty if China did not retract its 34% retaliatory tariffs by April 8. China’s Commerce Ministry has vowed to respond, with its stock market experiencing significant declines. Global markets are sliding, with manufacturers warning of profit hits and planning overseas production shifts.

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President Donald Trump’s 10% "reciprocal tariff" on all trading partners is now in effect, with additional levies of up to 50% threatened against Chinese goods unless China retracts its 34% counter-tariffs. Global markets are reeling, with U.S. stocks mixed after a volatile day and China’s stock market experiencing its worst single-day crash since 2008. The EU has proposed a "zero-for-zero" tariff deal to avoid a trade war, while also preparing 25% tariffs on select U.S. imports as a precaution.

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U.S. President Trump’s 10% "reciprocal tariff" policy has fully taken effect, with tariffs on Chinese goods reaching 34% and some nations, like Madagascar, facing rates as high as 47%. Global stock markets remain volatile, with the Nasdaq Composite firmly in bear market territory. Shares of brands like Nike and Apple have fallen by more than 10%. The EU and Canada have signaled retaliatory measures, while Japan and the UK are pursuing diplomatic negotiations to mitigate the impact.

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U.S. President Trump has implemented a 10% "reciprocal tariff" on all trading partners, with tariffs on certain countries like Madagascar reaching as high as 47%, triggering volatility in global stock markets. Shares of companies such as Nike and Apple have dropped over 9%. UK Prime Minister Keir Starmer has stated that Britain will protect its industries through targeted policies in response.

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U.S. President Trump has announced a 10% "reciprocal tariff" on all trading partners, with tariffs on Chinese goods reaching as high as 34%. This move has rattled global markets, with stocks of brands like Nike and Apple dropping over 9%. Several countries have voiced opposition, raising concerns about an escalating global trade war, while some threaten retaliation and others seek negotiations.

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Blockchain news, April 4, 2025: At 8 AM HKT, BNY launched a blockchain accounting tool with BlackRock as its first client, boosting ETH 4% to $2,300. Trump’s tariffs sparked a 7% BTC drop to $75k overnight, per Reuters. Finance and politics collide!

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Blockchain news, April 3, 2025: At 7 AM HKT, Ethereum’s L2 Arbitrum rolled out a compression upgrade, boosting tx speed 20%—ETH rises 3% to $2,200. Meanwhile, Trump’s tariff reveal yesterday tanked BTC 5% to $80k as markets brace for trade war fallout.

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Blockchain news, April 2, 2025: At 9 AM HKT, Binance Smart Chain rolled out a v3 upgrade, boosting TPS to 3k—BNB jumps 6% to $620. Ethereum’s L2 Starknet launched a governance token, pushing TVL to $27B. Blockchain speed and adoption are hitting new highs!

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April Fool’s twist, 2025: A hacker who swiped 2,930 ETH ($5.4M) from zkLend in Feb got outwitted today—lost it all to a phishing site while laundering via Tornado Cash, per SlowMist’s 23pds at 8 AM HKT. ETH dips 2% to $2,100. Karma’s the real prankster!

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Blockchain update, March 31, 2025: Solana’s Firedancer v2 rolled out at 8 AM HKT, pushing TPS to 6M—SOL surges 7% to $190. Ethereum’s Arbitrum One upgrades with 30% gas savings, lifting ETH 4% to $2,050. Speed and efficiency are driving the market wild!

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I just completed "Soneium OGs: waveX" on Layer3 - https://app.layer3.xyz/quests/soneium-ogs-wavex

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Breaking blockchain news, March 30, 2025: At 10 AM HKT, Ethereum rolled out a surprise L2 patch, boosting throughput 25%—ETH spikes 6% to $2,000. Polygon’s zkEVM v2 launches with 50% fee cuts, driving MATIC up 8% to $0.95. Network upgrades are shaking the market!

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Hot off the wire, March 29, 2025: Ethereum’s Base chain just dropped a network upgrade at 9 AM HKT, slashing tx fees to $0.001 with zk-rollups—ETH jumps 5% to $1950. Solana’s Firedancer patch boosts throughput to 5M tx/day, but SOL dips 3% to $180. Market’s buzzing!

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DeFi heats up in 2025: Ethereum L2s like Arbitrum see TVL soar past $22B with AI-driven yield farming spiking 35%. Solana’s stablecoin pools hit $6B, while Bitcoin L2s like Stacks unlock $1B in lending. Cross-chain bridges and zk-rollups are the game-changers.

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