Donald Trump announced that he is imposing a 100% tariff on all chips and semiconductors entering the US.
The US announced that it will impose an additional 15% tariff on imports from Japan.
Trump officially signed an executive order imposing an additional 25% tariff on India.
At the time of writing, Bitcoin (BTC) is trading at $114,611 and Ethereum (ETH) at $3,693.
The fear and greed index is at a neutral level of “54.”
Important developments to watch for today:
General Market Activity: Data on U.S. unemployment benefit claims will be released.