According to 4E monitoring, the United States' tariff policies for the three major trading partners have been implemented, and investors' concerns about the intensification and expansion of the trade war. US stocks fell across the board on Tuesday, and the three major stock indexes fell nearly 2% in the early trading. However, as the U.S. Commerce Secretary hinted that Trump might lower tariffs on Canada and Mexico, and investors once again bet that the Fed would cut interest rates due to the risk of an economic recession, the decline of US stocks eased, and the Dow Jones Industrial Average closed down 1.55%, the Nasdaq fell 0.35%, and the S&P 500 fell 1.22%. Large technology stocks fell collectively at the beginning of the session, turned rising in the afternoon, and some individual stocks closed up. The crypto market fell after the opening of the U.S. stock market, and Bitcoin once fell to a low of 81,500. However, as the decline of US stocks converged, the market also started a rebound. At the time of press time, Bitcoin was reported at $87,500, up 4.25% in 24 hours. After falling below $2,000, Ethereum returned to above $2,100, up 5.8% in 24 hours. In the past week, the crypto market has been significantly affected by the information side, fluctuated violently, increased operational difficulties, market trading is light, and on-chain activities have not changed significantly. In terms of foreign exchange bulk, Trump's tariffs on Canada and Mexico were implemented, and the US dollar index fell more than 0.9% during the day, hitting a three-month low; crude oil fell for three consecutive days, and US oil hit a new low in December last year; rising safe-haven demand and weakening US dollar support rose more than 1.2% during the day. The escalating trade tensions have intensified market concerns about the outlook for the U.S. economy. After the United States fulfilled its tariff threat to Canada and Mexico, investors have increased their bets on the Fed's expectations of a 25-bp rate cut three times this year, the first time since mid-December last year. In addition, the US Secretary of Commerce hinted that Trump may announce a buffer period for tariffs on Mexican goods on the 5th, and the market is closely watching whether the incident will turn around. As a financial trading platform that supports assets such as cryptocurrencies, stock indexes, bulk gold, foreign exchange, and other assets, eeee.com recently launched USDT stablecoin wealth management products with an annualized yield of 8%, providing investors with potential safe-haven options. 4E reminds you to pay attention to market volatility risks and allocate assets reasonably.