- The imposition of an 84% additional tariff by China on US products has caused significant market fluctuations.
- As a result, it was reported that US stock index futures and crude oil futures showed a downward trend.
- Bitcoin (BTC) also plummeted, showing a 3.54% decline compared to the previous trading day.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
It has been reported that China will impose an additional 84% tariff on US products.
According to Walter Bloomberg on the 9th (local time), the Chinese Ministry of Finance announced that it will impose an additional 84% tariff on US goods starting April 10th (local time). This is a significant increase compared to the existing tariff rate of 34%.
Furthermore, the Chinese Ministry of Commerce stated that it will add 12 US companies to the export control list.
Following this news, US stock index futures and crude oil futures are showing a downward trend. Apple, Meta, and others also showed a decline, giving back their pre-market gains.
Bitcoin (BTC) also plummeted momentarily. As of 8:08 PM, Bitcoin is trading at $76,226 on the Binance USDT market, down 3.54% compared to 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBitPiCK News
Bitcoin Spot ETF Sees $380 Million Inflow... Bullish for 6 Consecutive Trading Days
2 hours ago
US Ethereum Spot ETF Records Net Inflow for Two Consecutive Trading Days
2 hours ago
Paul Atkins SEC Chairman "Virtual Asset Innovation Suppressed for Years… New Regulations Needed"
3 hours ago
Swiss National Bank "No Plans to Hold Bitcoin"
3 hours ago
Trump: 'No Tariff Rollback on China Without Market Opening'
6 hours ago
Ranking News