{"id":127394,"date":"2025-04-17T15:16:26","date_gmt":"2025-04-17T15:16:26","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127394"},"modified":"2025-04-17T15:16:26","modified_gmt":"2025-04-17T15:16:26","slug":"crypto-stocks-enter-new-phase-of-trade-war-as-us-china-tensions-rise","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127394","title":{"rendered":"Crypto, stocks enter \u2018new phase of trade war\u2019 as US-China tensions rise"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsCryptocurrency and equities markets entered a \u201cnew phase of the trade war, amid ongoing tariff escalations between the United States and China.<br \/>\nGlobal trade war concerns intensified on April 15 after the White House published a fact sheet announcing that Chinese imports would be hit with tariffs of up to 245%.<br \/>\nThe penalties include a \u201c125% reciprocal tariff, a 20% tariff to address the fentanyl crisis, and Section 301 tariffs on specific goods, between 7.5% and 100%,\u201d according to the White House.<br \/>\nFact sheet on tariffs, investigation into security risks posed by US reliance on imports. Source: White HouseCrypto, tech stocks and other \u201cexpensive assets\u201d have entered a \u201cnew phase\u201d of the global trade war in response to the latest escalation, according to Aurelie Barthere, principal research analyst at crypto intelligence platform Nansen.<br \/>\n\u201cWe are now in a new phase of the trade war, with the focus on high-added-value sectors, Tech (and Pharma), and the zeroing in on US-China,\u201d the analyst told Cointelegraph, adding:<br \/>\n\u201cUntil and IF we see a resolution of the US-China conflict (one leader picks up the phone and gives some concessions to the other), we are facing highly correlated risk assets.\u201d<br \/>\n\u201cI also think this situation is negative for non-US equities,\u201d Barthere said. US equities and crypto have been \u201chighly correlated\u201d since November 2024, which increased to the downside during the current market correction, as \u201cinvestors de-risk, especially expensive assets,\u201d she added.<br \/>\nBTC, SPX, Nasdaq, gold chart. Source: Cointelegraph\/TradingViewRelated: Bitcoin\u2019s safe-haven appeal grows during trade war uncertainty<br \/>\nThe recovery of global equities and cryptocurrency markets hinges on the tone of global tariff negotiations, with a 70% chance to bottom by June 2025 before recovering, Nansen analysts previously predicted.<br \/>\nChina recently appointed a new chief trade negotiator, Li Chenggang, a former assistant commerce minister during the first administration of US President Donald Trump.<br \/>\nChenggang is characterized as a \u201cvery intense\u201d negotiator experienced in dealing with US officials, Reuters reported on April 16, citing an unnamed source in Beijing\u2019s \u201cforeign business community.\u201d<br \/>\nRelated: Trump\u2019s tariff escalation exposes \u2018deeper fractures\u2019 in global financial system<br \/>\nEyes on Powell\u2019s next move<br \/>\nAs tariff tensions increase alongside inflation-related concerns, all eyes are now on US Federal Reserve Chair Jerome Powell\u2019s upcoming speech during the next Federal Open Market Committee (FOMC) meeting on May 6.<br \/>\n\u201cMarkets were on edge for any signal that the Fed might delay rate cuts due to sticky inflation or heightened geopolitical risk,\u201d analysts from Bitfinex exchange told Cointelegraph, adding that if Powell leans hawkish, risk assets like Bitcoin could see downside:<br \/>\n\u201cA neutral or balanced tone may calm markets more than they already have over the past week with some signficant recoveries across many risk assets and particularly crypto where many lower market cap assets have moved 30\u201340% off the lows.\u201d<br \/>\n\u201cCrypto is reacting to macro news not because fundamentals have changed, but because positioning is thin and confidence is sensitive,\u201d the analysts added.<br \/>\nMagazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler\u2019s Digest, March 23\u201329<a href=\"https:\/\/cointelegraph.com\/news\/crypto-stocks-new-phase-trade-war-245-tariff-escalation?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsCryptocurrency and equities markets entered a \u201cnew phase of the trade war, amid ongoing tariff escalations between the United States and China. Global trade war concerns intensified on&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127394"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127394"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127394\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127394"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}