BTC Approaches Death Cross as CNY Drops Amid Trump Tariffs: Impact on Asian Markets and China’s Economic Response
Traders in Asia are feeling cautious today as they await China’s reaction to President Trump’s new tariffs. Trump has announced steep tariffs on goods from 180 countries, imposing a 54% total tax on Chinese imports. This situation puts pressure on China to respond, which could include devaluing the Yuan to make its goods cheaper in ...