"Traders are buzzing over Trump's tariff chatter for April 2 and are leaning to the hint that there will be softer policies than expected," Sid Powell, CEO & co-founder of Maple said in an email to Decrypt, noting that "tariffs always shake things up. The president, who has indicated repeatedly that he would apply sweeping measures on the U.S.'s major trading partners, on Tuesday, said he had settled on a plan. "From a risk management perspective, it makes sense for the market to remain on the sidelines, awaiting greater clarity on the impact of Trump’s tariffs," Pedro Lapenta, head of research at Hashdex's head of research Pedro Lapenta told Decrypt, adding that "there will be continued volatility in global markets as the tariffs take shape."
Author: Mathew Di Salvo
Published at: 2025-04-01 21:54:13
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