COINDESK DAILY: China Retaliates With 84% Tariffs on U.S. Goods
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 9 April 2025
⏱️ 3 minutes
🧾️ Download transcript
Summary
Host Christine Lee breaks down the latest news in the crypto industry after China slaps 84% tariffs on U.S. goods.
China slaps 84% tariffs on U.S. goods, sending cryptocurrencies and global stocks lower. Bitcoin has heightened volatility between $70,000–$80,000 where there is an “air pocket” of thin liquidity. Plus, Trump family-backed World Liberty Financial sells ETH at a loss. CoinDesk's Christine Lee has top headlines on "CoinDesk Daily."
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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.
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Transcript
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| 0:43.9 | Wondery, UK. That's audible.com slash Wondery UK. |
| 0:49.5 | China escalates trade tensions with an 84% tariff on U.S. goods. |
| 0:55.2 | It's Wednesday, April 9th, 2025. |
| 0:58.1 | I'm Christine Lee. This is Coiness Daily. |
| 1:05.2 | China slapping 84% tariffs on U.S. goods effective April 10th |
| 1:09.7 | in response to the United States imposing a 104% |
| 1:13.2 | tariff on Chinese imports. State-run newspaper, China Daily calling on the world to unite against |
| 1:18.4 | U.S. President Donald Trump's trade tyranny. U.S. Treasury Secretary Scott Besant telling Fox |
| 1:23.8 | business that China's additional tariffs are unfortunate, urging them to come to the |
| 1:28.3 | negotiation table. When asked about removing Chinese companies from U.S. stock exchanges, |
| 1:33.0 | he replied that everything's on the table, but the decision is ultimately up to President Trump. |
| 1:38.0 | Bitcoin is volatile, dropping below $75,000 in the past 24 hours. |
| 1:43.7 | The coin S-20s also 9 tenths of percent lower, |
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