How the TRUMP TARIFF affects the stock, crypto market!

[Kalustx]

According to @realDonaldTrump the US Tariff plan will bring fairness to the US economy. Trump called it as a "liberation day" for America. [nofollow]

Other countries may view this as not as normal and a big threat to their economy as imposed by USA under the Trump administration.

Today 2nd April, the crypto, stock, forex market is in pause cuz everyone is waiting to see what happens today.

What do you think will happen in the market after April 2 and will this great affect the cryptocurrency industry?

[electronicash]

crypto market is operating 247, there is no stopping it unlike stocks and forex.

 seems a positive effect because as we can see Bitcoin price is rising up again. liberation does sounds good though. sounds a lot like an independence day but whatever trump wants, its his administration.  he is liberating the country from whatever it is. as long as he can lift the crypto prices. its fine.

[Baofeng]

crypto market is operating 247, there is no stopping it unlike stocks and forex.

 seems a positive effect because as we can see Bitcoin price is rising up again. liberation does sounds good though. sounds a lot like an independence day but whatever trump wants, its his administration.  he is liberating the country from whatever it is. as long as he can lift the crypto prices. its fine.

Perhaps what he meant is that effect on the price itself. So far though, we have seen the price going from $82k to $85k, so if there is one effect of the so called Liberation day, market seems to be optimistic.

So let's see if this will be carried all throughout this month, the last two months though seems very bad to us as we ended with a negative. Hopefully this month of April will be very different or let's see if the price will bounce back to at least $90k.

[bitterguy28]

Today 2nd April, the crypto, stock, forex market is in pause cuz everyone is waiting to see what happens today.

it is now april 3rd where i am from and bitcoin has not fallen off that much though it also certainly did not rise

meanwhile other countries are forming an alliance against us and their tariffs it can be an economic war between powerful countries

What do you think will happen in the market after April 2 and will this great affect the cryptocurrency industry?

economies might become more complicated and whether it's us' or other countries' economies declining i am not yet sure but i can't imagine that this will be good for crypto market

[tabas]

What do you think will happen in the market after April 2 and will this great affect the cryptocurrency industry?

We might see a great impact to the stocks. I think some stocks have already plummeted and even the Nike stock when Trump imposes huge tariff on Vietnam for which the operations there is quite big. This is what it is going to happen for most American companies that are outsourcing their labor to these markets and countries. This is just the beginning but we'll see how this is going to settle in the long run when it's already finalized and applied for.

[Stompix]

seems a positive effect because as we can see Bitcoin price is rising up again.

Are those positive effects and growth in the same room with us? 

Perhaps what he meant is that effect on the price itself. So far though, we have seen the price going from $82k to $85k, so if there is one effect of the so called Liberation day, market seems to be optimistic.

We have already erased all that and more and the stock market is set to open, so prepare for a further decline.
There is no way in hell an economic downturn can bring growth, and without growth, there is no money flowing in the markets.

[Bobcrypto]

Every sector of the world economy will be affected by the tariff war in one way or another. For example, it is very obvious that foreign (forex) exchange will be impacted especially for those countries that depend on each others for trades. Stock, commodity, etc will definitely have a fair share of the impact of the current trade war.
For instance, If the China stop trading with the US, it will significantly affect both countries economy including GDP losses, higher cost for consumers, and disruption of the global economic chains.

[Lucius]

seems a positive effect because as we can see Bitcoin price is rising up again.

Are those positive effects and growth in the same room with us? 
~snip~

This does not seem to be the case, no matter how much some may have thought otherwise. Because the price dropped by about 5%, which was expected because the world obviously waited until the last moment in the hope that something like this would not happen. I hope that the markets will stabilize after a while, although with a man like this with so much power, we never know what a new day will bring.

[Faisal2202]

Today 2nd April, the crypto, stock, forex market is in pause cuz everyone is waiting to see what happens today.

What do you think will happen in the market after April 2 and will this great affect the cryptocurrency industry?

It will dump, and it was expected because retaliation is the only option other countries have, and they gave it a fancy name, reciprocal tariffs. it does not change a thing, the USA will impose higher tariffs, and other countries will retaliate and impose the same tariffs. This will create inflation in both countries, and the governments will be the ones making money.

Speaking of stocks, crypto, and all other markets, they are going to dump but let's see for how long.

[yhiaali3]

The impact has already occurred, and all markets have declined, including Bitcoin, which fell from $87K to $82K today. This negative impact is entirely expected.

Hefty tariffs have been imposed on some countries, such as Cambodia (49%) and Vietnam (46%), while 34% have been imposed on Chinese imports and 20% on those from the European Union. These massive tariffs will lead to higher product prices, hinder industry, and slow growth.

With all these negative impacts, we may not see the real impact immediately, but we will see the real results after some time.

[TravelMug]

The impact has already occurred, and all markets have declined, including Bitcoin, which fell from $87K to $82K today. This negative impact is entirely expected.

Hefty tariffs have been imposed on some countries, such as Cambodia (49%) and Vietnam (46%), while 34% have been imposed on Chinese imports and 20% on those from the European Union. These massive tariffs will lead to higher product prices, hinder industry, and slow growth.

With all these negative impacts, we may not see the real impact immediately, but we will see the real results after some time.

The impacts have been seen already, it's just a question on how big it will be as far as crypto market is. We've seen the drop to $82k, but what if it continue and then we go on the $75k-$76k which is going to be bearish already.

And so with Trump still wielding his power, we don't know what and who will be the next one.

Every decision he says really affected the whole financial market. So there's nothing liberation on "Liberation Day", but causing havoc on the market.

[bitterguy28]

The impacts have been seen already, it's just a question on how big it will be as far as crypto market is. We've seen the drop to $82k, but what if it continue and then we go on the $75k-$76k which is going to be bearish already.

us stocks seems to be not doing well right now i have heard stock investors say that the market is dropping they are saying that this decline is the worst since 2020

typically bitcoin may follow stocks but right now bitcoin does not seem to be affected by what is happening with stock market maybe stock investors will even go to crypto because they are less likely to be affected by this tariffs

[Jating]

The impacts have been seen already, it's just a question on how big it will be as far as crypto market is. We've seen the drop to $82k, but what if it continue and then we go on the $75k-$76k which is going to be bearish already.

us stocks seems to be not doing well right now i have heard stock investors say that the market is dropping they are saying that this decline is the worst since 2020

typically bitcoin may follow stocks but right now bitcoin does not seem to be affected by what is happening with stock market maybe stock investors will even go to crypto because they are less likely to be affected by this tariffs

Plenty of blue chips stocks have drop in price since the Liberation day so obviously there is already that bad effect. But I think that when everything has settled, the market will recover, although we really don't know what will be next announcement from Trump that will screw up the market again. If there is something that will make sense, but in the dip. Because again, Trump is willing to go this long for his tariff war and if that happens, then it's better to stack up with our Bitcoin and ride till the end of the year.

[LogitechMouse]

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Today 2nd April, the crypto, stock, forex market is in pause cuz everyone is waiting to see what happens today.

What do you think will happen in the market after April 2 and will this great affect the cryptocurrency industry?

Well, we saw the effect and TBH, it's a bit expected already.
When Trump said something about tariffs, the market dropped significantly already. A few days ago, he imposed global tariffs towards most of the countries, and of course, that will have a negative effect on the market and that's exactly what happened.

The only disappointment on myself only is that, I saw the market went up hours before the announcement happens, and I also saw the market went down significantly with my eyes, but I didn't take advantage on both of them by positioning a long and short position. I mean that would be a huge profit already if I timed it well, but it is what it is, and I'll accept it as a learning since I'm a newbie on trading.

[Finassets]

The crypto market is quite unpredictable and doesn't always follow traditional patterns, so it's hard to say.