ChainCatcher news, according to The Kobeissi Letter analysis, the United States imports over $60 billion worth of smartphones each year. The exemption policy announced today covers some of the most important imported products, marking another sign of the U.S. making concessions in the trade war. After all, the bond market is forcing Trump to yield.This week, everyone learned about the specific methods of applying pressure on the U.S. in the trade war: selling U.S. Treasury bonds and driving up Treasury yields. The bond market is Trump's top priority, and now everyone knows it.ChainCatcher previously reported that the U.S. has conditional exemptions for "reciprocal tariffs" on products such as smartphones/PCs/servers/semiconductors.

ChainCatcher news, according to Jinshi reports, on April 11, 2025, at 10:36 PM Eastern Time, the U.S. Customs and Border Protection announced further guidance on the executive order imposing additional tariffs on imported goods issued by the U.S. government on April 2, 2025, as well as the tariff-related executive orders issued on April 7 and April 9.This includes tariff exemptions for products such as computers, servers, smartphones, printers, semiconductor manufacturing equipment, wireless communication devices (such as base stations, routers, etc.), memory, displays, semiconductor-related components, and integrated circuits.A 22-page product exemption list on the White House official website shows that if the "U.S. component" of goods originating from any country accounts for 20% or more of the total customs declaration value of the imported goods, then the "U.S. component" will not be subject to additional tariffs, and only the "non-U.S. components" will be subject to equivalent tariffs.

ChainCatcher news, according to Lookonchain monitoring, as of the time of publication, today 10 U.S. Bitcoin ETFs had a net outflow of 2,359 BTC, and 9 Ethereum ETFs had a net outflow of 22,749 ETH.

ChainCatcher news, according to The Block, based on Finery Markets' Q1 report, driven by the shift in U.S. regulation and increased market confidence in stablecoins, the cryptocurrency trading volume on institutional trading platforms continued its upward momentum from Q4 2024, with over-the-counter (OTC) volume increasing by 141% year-on-year and stablecoin trading activity rising by 158% year-on-year.In the first 100 days of President Trump's administration, the trading volume between cryptocurrencies and stablecoins recorded the strongest growth, with trading volume in the first three months of 2025 increasing fivefold compared to the same period in 2024. Overall, 95.3% of trades involved Bitcoin, Ethereum, or stablecoins, and institutions have not widely adopted altcoins.Finery analysts noted: "The differences between various types of trades indicate that institutions clearly prefer stablecoins, likely due to their enhanced utility in connecting traditional finance with the crypto space."

ChainCatcher news, according to Jinshi reports, U.S. President Trump stated, "Our tariff policy is doing very well. This is exciting for both the United States and the world!"

ChainCatcher news, according to Jinshi reports, Federal Reserve's Kashkari stated on Friday that recent market trends indicate that investors are moving away from the U.S., the safest investment location, amid the escalation of Trump's trade war.He mentioned that in recent days, as U.S. Treasury yields have risen, the dollar has depreciated against global currencies, which is contrary to what you would typically expect. "Usually, when you see significant tariff increases, I would expect the dollar to appreciate. I think the fact that the dollar is simultaneously declining makes the narrative of a shift in investor preference more credible," Kashkari said.He also stated, "Investors around the world view the U.S. as the best investment location, and if that were true, we would see a trade deficit. Therefore, one way this is manifesting now is through the declining yields of various U.S. assets." "If the trade deficit decreases, investors might say, 'Well, the U.S. is no longer the most attractive investment location in the world,' and then you would see bond yields rise."However, Kashkari pointed out that what he sees is "pressure" in the market operations, rather than severe chaos.

ChainCatcher news, according to Jin10 data reports, Forexlive analyst Adam Button analyzed the U.S. March PPI, stating, "This is a welcome cooling, indicating that some anti-inflation is brewing, and with the recent decline in oil and commodity prices, there will be more cooling to come."Energy prices fell by 4.0%, food prices decreased by 2.1%, and gasoline prices dropped by 11.1%, accounting for two-thirds of the decline in commodity prices.

ChainCatcher news, according to Jin10, the U.S. March PPI annual rate is 2.7%, expected 3.3%, previous value 3.20%.

ChainCatcher news, according to Jin10 data, the U.S. March PPI monthly rate is -0.4%, expected 0.20%, and the previous value has been revised from 0.00% to 0.1%, marking the largest decline since October 2023.

ChainCatcher news, according to Jinshi reports, EU Trade Commissioner Dombrovskis stated that we proposed to the United States to implement zero tariffs on goods, and if no trade agreement is reached, we are also prepared to respond. If necessary, we are ready to take countermeasures.It is estimated that due to U.S. tariffs, the EU's GDP could lose 0.2%-0.6%; Europe does not want to see such a tariff war.

ChainCatcher news, the Tariff Commission of the State Council announced an adjustment to the tariff measures on imported goods originating from the United States. Starting from April 12, 2025, the additional tariff rate specified in the "Announcement of the Tariff Commission of the State Council on Adjusting the Additional Tariff Measures on Imported Goods Originating from the United States" will be adjusted from 84% to 125%. Other matters will be executed in accordance with the "Announcement of the Tariff Commission of the State Council on Additional Tariffs on Imported Goods Originating from the United States" (Tariff Commission Announcement No. 4 of 2025).

ChainCatcher news, according to market reports, the yield on the U.S. 30-year Treasury bond has risen to 4.95%, marking the largest weekly increase since 1982.

ChainCatcher news, according to the official website of the U.S. Securities and Exchange Commission (SEC), to further clarify the applicability of federal securities laws in the cryptocurrency market, the SEC's Division of Corporation Finance has issued a statement guiding the registration and disclosure requirements for relevant securities. The statement covers equity and debt securities related to networks, applications, and cryptocurrency assets, including cryptocurrency assets that are part of investment contracts. The guidance includes key disclosure elements in documents such as Regulation S-K, Form S-1, and Form 10, such as business descriptions, risk factors, securities characteristics, management information, financial statements, and requirements for displaying smart contract code.

ChainCatcher news, according to Lookonchain monitoring, today 10 U.S. Bitcoin ETFs had a net outflow of 847 BTC, with BlackRock experiencing an outflow of 1091 BTC, currently holding 570,983 BTC, valued at $4.651 billion;9 Ethereum ETFs had a net outflow of 5645 ETH, with Fidelity experiencing an outflow of 3498 ETH, currently holding 394,253 ETH, valued at $620 million.

ChainCatcher news, according to Jinshi reports, the White House has issued an order to modify the reciprocal tariff rates.

ChainCatcher news, according to Jinshi reports, after the release of the US CPI data, US short-term interest rate futures rose, and traders increased their bets on the Federal Reserve cutting interest rates.

ChainCatcher news, according to Jinshi reports, the number of initial jobless claims in the U.S. for the week ending April 5 was 223,000, expected to be 223,000, and the previous value was 219,000.

ChainCatcher news, according to Jinshi reports, the U.S. March unadjusted CPI year-on-year is 2.4%, expected 2.60%, previous value 2.80%.The U.S. March seasonally adjusted CPI month-on-month is -0.1%, expected 0.10%, previous value 0.20%.The U.S. March unadjusted core CPI year-on-year is 2.8%, expected 3.00%, previous value 3.10%.The U.S. March seasonally adjusted core CPI month-on-month is 0.1%, expected 0.30%, previous value 0.20%.