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Santiment: Trump's tariff exemption indirectly alleviates pressure on crypto markets, paying attention to tariff dynamics investors predict market rise
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2025-04-13 11:56 3,404
According to Golden Finance, crypto analysis agency Santiment released a market analysis saying that President Trump has made another amazing move, announcing tariff exemptions on a number of technology products such as "smartphones, laptops, computer chips." The adjustment to the newly implemented reciprocal tariff policy surprised the outside world - especially in the context of announcing a high tariff of 125% on Chinese imports. The U.S. Customs and Border Protection said the exemption is intended to buy time for U.S. companies to move their production lines from overseas to their homeland. The total value of imported goods involved in exemptions is approximately US$390 billion, of which "over US$100 billion comes from China." This is seen as a significant softening of Trump's trade stance, which is exactly in line with the expectations of tech stocks and cryptocurrency traders, given that the U.S. imported $41 billion worth of smartphones and $36 billion of computers from China in 2024. This is undoubtedly a major benefit for technology giants such as Apple and Nvidia that rely heavily on Chinese manufacturing. Analysts have warned that the original tariffs would cause electronic products to soar, and some forecasts say the iPhone may "sustain to $3,500." The first round of tariff policies has put pressure on U.S. technology stocks, with Apple alone evaporating more than $640 billion in market value within days after the announcement. Trump's tariff exemption indirectly alleviated pressure on the crypto market by dispelling the clouds in the technology industry. Hours after the release of the exemption news, Bitcoin rebounded to a weekend high of $85,900, reversing the volatile trend since April, with a single-week trading volume of $84.08 billion, setting a record high in 2025. While Trump’s trade policy remains complex and unpredictable, targeted exemptions for tech products bring short-term certainty and breathing room. Investors who continue to pay attention to tariff trends generally predict a rise on social media, and the "long and short discussion" shows a clear tendency. It is expected that technology stocks are likely to make up for the rise after the opening on Monday to follow up on the current crypto market. The crypto market has shown a moderate upward trend, and the stock market will have a linkage effect after the opening on Monday, further pushing up the price of "bitcoin and altcoins".
Keywords: Bitcoin
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