President Trump's trade policies, like adding tariffs (extra taxes on goods), have shaken up the global economy! It's affected how much things cost and how strong different countries' money is. This isn't directly about cryptocurrencies, but it shows how global events can impact markets.
- The US stock market (like the S&P 500 and Nasdaq) went down.
- The US dollar also weakened compared to other currencies like the Euro and Pound.
- Some other countries' money, like the Mexican Peso and Chinese Yuan, got stronger.
- Prices of things like copper and gold changed due to trade disruptions.
Change | Percentage |
---|---|
S&P 500 | Down about 8% |
Nasdaq 100 | Down more than 10% |
US Dollar | Down more than 3.5% |
Pound | Up 6.4% |
Euro | Up 5.6% |