Here’s When Trump Is Set to Announce Tariffs Today
The much-anticipated April 2nd "US Independence Day" has arrived, with President Donald Trump expected to announce bilateral tariffs targeting global trade.
According to the plan, the U.S. will impose reciprocal customs duties on every country that imposes tariffs on the U.S., including China, Canada, and Mexico. The announcement, which is scheduled for today, is expected to have wide-ranging effects on both global markets and cryptocurrency.
Immediate Effect and Global Impact
White House spokeswoman Karoline Leavitt confirmed that the tariffs will go into effect immediately after the announcement. She noted that April 2, 2025, would be remembered as a significant day in modern American history. Trump’s speech, expected to be broadcasted at 16:00 local time, will likely generate major market reactions, including in the cryptocurrency sector.
Uncertainty Looms Over the Crypto Market
Analysts from K33 Research, including Vetle Lunde and David Zimmerman, anticipate that the tariff announcements will lead to high market volatility, with Bitcoin maintaining a strong correlation to stock markets. They predict Bitcoin’s price will remain in a consolidation range of $75,000 to $88,000 throughout April, with no clear direction expected in the near future.
Market Caution Recommended
In light of the ongoing tariff uncertainty, experts are advising a cautious approach to cryptocurrency investments, recommending low exposure to Bitcoin and other digital assets until the situation becomes clearer.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
