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

ChainCatcher news, according to Jinshi Data reports, Trump's reciprocal tariffs on dozens of countries officially took effect today, which is expected to deepen the risks of a global trade war, although he is prepared to negotiate with some countries. Trump's punitive tariffs have shaken the global trade order that has lasted for decades, raising concerns about an economic recession and leading to a significant decline in global stock markets.Since Trump announced the tariffs a week ago, the S&P 500 index has lost nearly $6 trillion in value, marking the largest four-day drop for the benchmark index since its inception in the 1950s. The index is now close to a bear market, having fallen 20% from its recent peak. After a brief respite, the sell-off in Asian markets resumed on Wednesday, including the Nikkei index, which fell more than 3% during the day, while the Korean KOSPI index dropped over 1% intraday.

ChainCatcher news, according to Bloomberg statistics, the United States' announcement of so-called "reciprocal tariffs" has severely impacted the international capital markets. Since the 3rd of this month, the global stock market capitalization has shrunk by $10 trillion, slightly more than half of the EU's GDP.Among them, the U.S. stock market itself has suffered heavy losses, with the total market value of the seven major tech giants in the U.S. evaporating by approximately $1.65 trillion during this period. Notably, Apple, which heavily relies on overseas supply chains for its product manufacturing, has seen its stock price drop nearly 23% over the past four trading days.

ChainCatcher news, according to 4E monitoring, Trump announced last night the implementation of reciprocal tariffs, adopting a dual-track system that combines "benchmark tariffs" and "one country, one tax rate," with rates exceeding market expectations. The U.S. stock market was initially optimistic due to the 10% benchmark tariff being lower than expected, with major indices closing up. However, after the specific high tax rates were announced, investors became concerned about the escalating risks of a global trade war, which could drag the U.S. economy into recession, leading to panic selling after hours, with stock index futures plummeting. As of the time of writing, S&P 500 futures were down over 2.79%, Nasdaq futures fell over 2.65%, and Dow futures dropped more than 1.9%.The cryptocurrency market fell across the board. Initially buoyed by optimistic sentiment regarding tariffs, global risk assets generally rose, with Bitcoin briefly soaring to $88,500. However, as more details were released, market sentiment turned sharply negative, and Bitcoin plummeted to yesterday's low, returning to around $83,000, with a 24-hour decline of over 1.8%. Ethereum fell from $1,957 to below $1,800. Most sectors in the market declined, with the Meme sector experiencing significant losses.In the forex and commodities market, the dollar fell throughout the day, down 0.65%; during the U.S. trading session, oil and gas prices rose, but after the tariff announcement, crude oil futures prices dropped by 1.0%; safe-haven sentiment drove gold prices to new highs, with London spot gold reaching $3,157, up about 0.7%.After Trump announced comprehensive new tariffs on 185 countries, U.S. stock index futures and major cryptocurrencies plummeted, triggering turmoil in global markets and widespread risk aversion. The scale and unpredictability of the tariffs have quickly shifted investors' focus to macroeconomic headwinds, prompting the market to reassess inflation trajectories, growth risks, and policy responses for the second quarter.

ChainCatcher news, according to Jin10 data reports, China International Capital Corporation (CICC) stated that Trump announced "reciprocal tariffs" on April 2, exceeding market expectations. The reciprocal tariffs combine "carpet" tariffs with "one country, one tax rate," covering more than 60 major economies.Calculations show that if these tariffs are fully implemented, the effective tariff rate in the U.S. could rise significantly by 22.7 percentage points from 2.4% in 2024 to 25.1%, surpassing the tariff levels after the implementation of the Smoot-Hawley Tariff Act in 1930.CICC believes that reciprocal tariffs may increase uncertainty and market concerns, exacerbating the risk of "stagflation" in the U.S. Estimates indicate that tariffs could push U.S. PCE inflation up by 1.9 percentage points and reduce real GDP growth by 1.3 percentage points, although they may also bring in over $700 billion in fiscal revenue. In the face of "stagflation" risks, the Federal Reserve may have no choice but to wait and see, making it difficult to cut interest rates in the short term. This will further increase the risk of economic downturn and add downward pressure on the market.

ChainCatcher news, Trump announces the schedule for "Liberation Day" (April 2, 2025, local time in the U.S.):9:00 AM Eastern Time (9:00 PM Beijing Time, April 2): President Trump meets with his expert trade committee to finalize transformative tariff measures;11:30 AM Eastern Time (11:30 PM Beijing Time, April 2): Press Secretary Karoline Leavitt previews the statement;4:00 PM Eastern Time (4:00 AM Beijing Time, April 3): Rose Garden speech ------ Trump will announce reciprocal tariffs;4:30 PM Eastern Time (4:30 AM Beijing Time, April 3): Engagement with the media, followed by formal photographs;6:00 PM Eastern Time (6:00 AM Beijing Time, April 3): Government officials provide a brief overview of the implementation to industry leaders, ensuring seamless execution;8:00 PM Eastern Time (8:00 AM Beijing Time, April 3): Global markets react.

ChainCatcher news, White House Press Secretary Levitt stated that President Trump will announce his reciprocal tariff policy at an event in the White House Rose Garden on Wednesday. Levitt mentioned that Trump's statement primarily concerns "nation-based" tariffs, but he also "committed" to implementing industry tariffs at another time.Levitt said that members of Trump's cabinet will attend the announcement ceremony. Levitt stated, "The President will announce a tariff plan that will reverse decades of unfair trade practices that have been exploiting our country. Now is the time for reciprocity, and it is time for the President to take historic action and do the right thing for the American people."

ChainCatcher news reports that, according to 4E monitoring, the data released last week has heightened market concerns about the U.S. economic outlook. Increasing signs indicate that due to worries about tariffs driving up inflation, U.S. consumer confidence has significantly declined, spending has decreased, and long-term inflation expectations have risen. U.S. stocks fell sharply last week, ending the strong rebound from the previous week. The S&P 500 index fell by 1.53%, the Dow Jones by 0.96%, and the Nasdaq by 2.59%. The Magnificent 7 index of tech giants dropped by 2.95% last week.The cryptocurrency market followed the U.S. stock market's downward trend. Bitcoin started the week by rising close to $89,000, but then fell back under pressure from Trump's tariff news, with Friday's PCE data further exacerbating the decline. As of the deadline, it was reported at $81,884, down 4.46% over the past 7 days. Other major tokens generally fell, with Ethereum dropping below $1,800, nearing new lows. Market sentiment remains gloomy and may continue to be under pressure until Trump's tariff actions become clearer.In the forex market, the U.S. dollar index fluctuated and fell by 0.05% last week; risk assets were suppressed by safe-haven demand, while geopolitical tensions supported some bottoming out. Oil prices rose by about 2% last week, and gold has increased for four consecutive weeks, reaching a new historical high, with spot gold surpassing $3,100.Last week's weak data reignited economic concerns, leading to a comprehensive decline in financial markets. As Trump's "reciprocal tariffs" loom on April 2, market nerves are frayed, and safe-haven sentiment is rising. Additionally, the U.S. non-farm payroll report for March will be released this Friday evening, followed by a speech from Powell. The Federal Reserve held steady in March, and the market is looking forward to Powell's further insights on the U.S. economy, inflation, and the impact of Trump's tariff policies, seeking new clues for the direction of the Fed's monetary policy and more reliable guidance for the market direction in April.

ChainCatcher news, on Monday morning, the S&P 500 index and Nasdaq 100 index futures fell more than 0.5%. More volatility may occur this week as Trump is set to announce reciprocal tariffs on Wednesday, and the U.S. March ADP employment figures will also be released on Wednesday. This Friday will see the release of the U.S. March unemployment rate and non-farm payroll data, and on the same day, Federal Reserve Chairman Powell will deliver a keynote speech.Pepperstone's Head of Research, Chris Weston, stated: "The market is now completely influenced by the upcoming wave of tariff-related headlines, while being highly sensitive to any economic data reflecting a slowdown in economic activity and rising inflation expectations. Risk assets will further decline at the beginning of this week, and cross-asset volatility will increase."

ChainCatcher news, Trump plans to take a more targeted approach to the "reciprocal tariffs" set to launch on April 2, alleviating market concerns that the escalation of his trade war could worsen inflation and drag down the economy. Meanwhile, the U.S. services PMI rebounded, driving an overall improvement in PMI. The positive news boosted U.S. stocks across the board, with the S&P 500 rising 1.76%, the Dow up 1.42%, and the Nasdaq climbing 2.27%. Major tech stocks generally strengthened, with Tesla soaring over 11.9%, marking the largest single-day gain since the day after the election.The recent trend in the cryptocurrency market has aligned with U.S. stocks. Strategy boosted market confidence by purchasing 6,911 bitcoins for $584.1 million last week. Bitcoin surged yesterday, reaching as high as $88,765 after the U.S. stock market opened, and has slightly retreated to $87,030 at the time of writing, with a 24-hour increase of 1.7%. Among the top ten mainstream coins, SOL showed even stronger gains, currently reported at $140 with a rise of 5.17%. Most sectors in the market rose, with the Meme sector leading with a 7% increase.In the forex and commodities sector, investor concerns over Trump's tariff plan on April 2 have eased, with the dollar index up 0.25% and U.S. oil rising 1.2%; the strengthening dollar, combined with gold prices at historical highs, led investors to take profits, resulting in a 0.30% drop in spot gold.Trump will soften his aggressive stance on imposing tariffs on trade partners, while other macroeconomic indicators have also pointed in a more favorable direction over the past few days, lifting market optimism. Investors are currently closely monitoring Trump's latest "reciprocal tariffs" plan to assess its potential impact on economic growth and inflation.

ChainCatcher news, according to The Wall Street Journal, the White House is tightening the implementation scope of the tariff policy set for April 2. The tariffs originally planned to be announced on that day for specific industries such as automobiles, pharmaceuticals, and semiconductors are expected to be postponed, with only reciprocal tariffs against major trading partners being implemented.These countries generally include Australia, Brazil, Canada, China, the European Union, India, Japan, South Korea, Mexico, Russia, and Vietnam, which account for a significant portion of U.S. imports. Tariffs will be set at specific rates for individual countries, rather than the previously proposed three-tiered system. Trump and several officials have indicated a reluctance to provide broad exemptions.

ChainCatcher news, according to Jinshi Data reports, although Indian officials are eager to appease the United States by reducing trade barriers, U.S. President Trump stated that India will be subject to reciprocal tariffs starting April 2.In an interview on Wednesday local time, Trump said that India is "one of the countries with the highest tariffs in the world." "I believe they may significantly reduce these tariffs, but on April 2, we will impose reciprocal tariffs on them."While Trump has repeatedly stated that India will not be exempt from tariffs on April 2, Indian officials are more optimistic. Indian Commerce Minister Goyal visited the U.S. earlier this month and stated that he had "forward-looking discussions" with Trump officials regarding a trade agreement, with both sides hoping to reach an agreement before this fall.