Trump said: Semiconductor tariffs will be released within a week! Bitcoin lost 85,000, and U.S. stocks gave up their gains

Although the US government temporarily excluded some consumer electronics from the scope of reciprocal tariffs last week, which greatly boosted market sentiment in the short term, the threat of new tariffs on semiconductors and the ongoing trade dispute between the United States and China still add uncertainty to global markets. (Synopsis: Apple breathes a sigh of relief!) Trump announced: mobile phones, computers and other electronic products are exempted from tariffs, iPhone does not rise? (Background added: "Car dealers call me willing to pay a higher price to buy back", Trump's tariff war has set off a miracle of buying used cars in the United States) The US government announced last weekend that it would temporarily exclude some consumer electronics such as smartphones and computers from the scope of reciprocal tariffs. U.S. stocks opened on Monday, which immediately drove the three major Wall Street indexes higher, with technology stocks leading the rally. Apple rebounds, Huida announces that it will work with TSMC and Hon Hai to build an AI supercomputer factory in the United States Apple was stimulated by the temporary preferential tariff exemption, soared 7.5% last night, and finally fell back to close up 2.2% at $202.52, returning to the market value of three trillion dollars. In addition, Huida also announced that it will work with TSMC, Hon Hai and other partners to build an AI supercomputer factory in the United States, and build up to $500 billion in AI industry infrastructure within 4 years. However, US President Trump said earlier on Air Force One that the new semiconductor tariff rate will be revealed in the coming week, and automobiles, electronic products, pharmaceuticals, etc. will be included in the scope of national security investigation, although some products are exempted, but only in the short term, and the future will still be subject to new tax brackets to impose "special tariffs". Huida shares eventually edged down 0.19% to close at $110.71. The four major indexes pared intraday gains and finally closed: The Dow Jones rose 312.08 points, or 0.78%, to close at 40,524.79 The S&P 500 rose 42.61 points, or 0.79%, to 5,405.97 Nasdaq also rose 107.03 points, or 0.64%, to 16,831.48 The Philadelphia Semiconductor Index finally closed in the red 0.31%, closing at 4,003.22 points Cryptocurrency market responds steadily Traditional asset hedging roles are more valued While the market is facing heightened political and economic risks, the performance of cryptocurrencies is relatively stable, and mainstream currencies are not very volatile. Bitcoin (BTC) is now trading at $84,670, up 0.496% in the last 24 hours, and Ethereum (ETH) is trading at $1631.39, up 1.17%. XRP at $2.14, down 0.11% in the last 24 hours BNB at $584.93, down 0.12% in the last 24 hours SOL at 129.22, down 1.04% in the past 24 hours The signal is complex, the market outlook is still cloudy The Federal Reserve Bank of New York recently released its March survey report, showing that US consumers' concerns about inflation, unemployment have intensified, inflation expectations for the coming year rose to 3.58%, higher than expected, and worries about the future weakening of the economy increased to April 2020 A new high since the pandemic. At the same time, Minneapolis Fed Bank President Kashkari and former US Treasury Secretary Yellen stressed that the bond market turmoil is not the Fed's action to ease, and the impact of tariffs caused by Trump's strategy will not be too long, then the Fed may still have the opportunity to cut interest rates this year. Whether the future US-China trade war can be resolved through dialogue, whether the US bond market can return to normal, and whether the Fed will cut interest rates will again affect the direction of the market. Related reports Taiwan stocks don't laugh! Trump warns semiconductor tariffs are coming: Monday's answer China bails out the market! Limited to "daily net selling" of stocks up to 50 million, Beijing raises tariffs on the United States to 125% As soon as the European Union approved a 25% retaliatory tariff on American products, Trump turned to... Who changed his mind? 〈Trump said: semiconductor tariffs will be released within a week! Bitcoin lost 85,000, U.S. stocks took back gains" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".