From Cointelegraph
April 13, 2025 5:44 PM:

Commerce Secretary Howard Lutnick reverses tariff exemptions on electronics. Reciprocal exemption temporary until new semiconductor sector tariff regime established in “month or two.” Emphasis on national security and domestic production. Analysts suggest tariffs may be long-term strategy. Volatility S&P Index remains high amid trade uncertainty.

Trade war escalates, crashing stock and crypto markets. Trillions in shareholder value wiped out due to fears of prolonged trade conflict. S&P 500 more volatile than Bitcoin according to analyst. Market pumped by rumors of tariff pause, then dumped when rumors were false. Value restored after actual tariff pause announced.

Trump’s trade tariffs lead to market turmoil. Stocks and crypto markets fluctuate wildly. Analysts compare S&P 500 volatility to Bitcoin. Trillions lost and regained in market value due to tariff rumors and announcements. Trade uncertainty continues to impact global markets.

Read more at Cointelegraph: Commerce Secretary Lutnick walks back tariff relief on electronics