• Feb 03, 2025

Trump's tariffs have slammed the crypto market and crypto stocks. Here’s why

President Donald Trump has begun a new trade war with Canada, Mexico, and potentially China, and this has had a significant ripple effect on the broader financial landscape, including the cryptocurrency market. Trump’s latest move involves imposing a 25% tariff on imports from Canada and Mexico, while Chinese imports will be taxed at 10%.

  • Feb 03, 2025

Why Bitcoin, Ethereum, and Dogecoin Crashed This Weekend

The crypto market was in tatters late Sunday night after traders realized there wouldn't be a tariff reprieve before global stock markets opened Monday morning. Bitcoin (CRYPTO: BTC) fell below $100,000 and looked like it could break $90,000 before bouncing a bit. As of 10:00 a.m. ET Monday, Bitcoin is down 5.7% since the market closed on Friday and 2.1% in the last 24 hours.

  • Feb 03, 2025

Oil prices ease as US tariffs on Mexico paused for a month

HOUSTON (Reuters) -Oil prices edged lower on Monday after rising more than $1 earlier in the session after the United States and Mexico announced a month-long pause on tariffs the U.S. had slapped on its southern neighbour. U.S. President Donald Trump had imposed tariffs on Canada, Mexico and China to take effect from Tuesday, raising fears of supply disruption. U.S. President Donald Trump on Monday said he would pause tariffs planned for Mexico and that negotiations would continue to reach a "deal" between the two countries.

  • Feb 03, 2025

Mexico Assures Investors Its Economy Can Withstand Tariffs

(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Reshaping RomeHistoric London Elevator Faces Last Stop in Labour’s Housing PushMexico has taken steps to safeguard its economy from the shock of US tariffs and authoriti