Trump to Announce Reciprocal Tariffs Today

As per the plan, the United States will implement reciprocal tariffs on any country that imposes tariffs on the U.S., such as China, Canada, and Mexico. The announcement, set for today, is anticipated to have broad impacts on global markets and the cryptocurrency industry. White House spokeswoman Karoline Leavitt confirmed that the tariffs will take effect immediately after the announcement, marking April 2, 2025, as a significant day in American history. President Trump's speech at 16:00 local time is expected to cause significant market reactions, particularly in the cryptocurrency sector. Analysts from K33 Research, including Vetle Lunde and David Zimmerman, predict that the tariff announcements will result in high market volatility, with Bitcoin's price likely to range between $75,000 and $88,000 throughout April. Given the uncertainty surrounding tariffs, experts recommend exercising caution when investing in cryptocurrencies and suggest limiting exposure to Bitcoin and other digital assets until the situation becomes clearer.