U.S Liberation Day 2nd April :Trump Tarrifs News , Crypto News Today and Pi Network

House Speaker Mike Johnson has invited President Trump to address Congress and share his “America First” legislative vision. Just weeks into his second term, Trump has already shaken Washington and the world—empowering Elon Musk to slash federal jobs, threatening allies with tariffs, and cozying up to adversaries. His administration has begun mass deportations and layoffs, while pushing for a Ukraine peace deal favoring Moscow. Trump’s radical agenda signals a dramatic shift in both domestic governance and global diplomacy.

President Trump’s sweeping “Liberation Day” tariffs take effect on April 2, impacting “all countries,” as part of his Fair and Reciprocal Plan. The move aims to match the tariffs foreign nations impose on U.S. goods, with countries like China, India, and Mexico among the most affected. Critics warn of global trade wars and rising prices. Industries like autos, tech, and agriculture are in the spotlight. Emerging economies may bear the brunt, while global leaders threaten retaliation, adding to economic uncertainty.

At 4 p.m. ET today, President Trump will unveil his sweeping tariff plan in a highly anticipated Rose Garden address, calling April 2 “Liberation Day” for U.S. trade. The market has been on edge, with the S&P 500 down 8.3% and the Nasdaq off 14% from their highs. Fears of an economic slowdown have hit small-cap stocks and pushed Treasury yields to yearly lows. Investors await clarity on how the tariffs will impact industries and global trade.

Elon Musk’s company X, along with researchers and advocacy groups, has filed a legal brief urging the U.S. Supreme Court to stop the IRS from accessing Coinbase user data without a warrant. The coalition argues that such actions breach Fourth Amendment rights and threaten user privacy. The Supreme Court is now seeking a response from the U.S. government. The case could set a major precedent for digital privacy and how federal agencies access crypto-related data.

Jetking’s board has approved a strategic fundraise to expand its Bitcoin treasury and accelerate entry into virtual digital assets. The company will issue 4,28,622 equity shares at ₹154 each, totaling ₹6.6 crore. The funds will be used to acquire digital assets, support general corporate needs, and invest in Bitcoin-related education and skill development. The move complies with SEBI and Companies Act regulations and reflects Jetking’s commitment to sustainable growth and the future of blockchain technology.

Google Cloud reports a rise in cyberattacks by North Korean “IT workers” targeting European blockchain firms, especially those on the Solana network. These operatives pose as remote developers, infiltrate teams, and steal sensitive data to fund the DPRK regime. Some even built entire platforms using Solana, React, CosmosSDK, and AI tools. With U.S. hiring tightening, attackers are shifting focus to Europe, exploiting BYOD (Bring Your Own Device) environments. DPRK-linked groups stole over $1.3 billion in crypto in 2024 alone.

Senator Ted Cruz has introduced the FLARE Act, a bill offering tax incentives for Bitcoin miners using flared natural gas. Starting in 2026, companies can fully deduct costs of systems that convert stranded gas into useful energy like electricity for crypto mining. The bill aims to make Texas the top Bitcoin mining hub while reducing emissions and boosting energy innovation. It also blocks foreign adversaries like China and Russia from benefiting. Industry leaders, including MARA, have praised the legislation as a win for energy and crypto.

According to Arkham, an address likely linked to the Mantra DAO team (0x63…4Ff2) burned 21.229 million OM tokens—worth around $132 million—by sending them to a Dead Address at 17:47 UTC+8 today. This brings the total number of OM tokens burned to 84.019 million, with a cumulative value of $524 million. The massive token burn suggests a strong deflationary move by the Mantra DAO team, potentially boosting the scarcity and long-term value of the OM token.

Critics warn that Donald Trump’s push for tariffs on “all countries” risks igniting a global trade war. Trump has floated tariffs as high as 60% on China and a 10–20% blanket tariff on all imports. Key U.S. partners like the EU, UK, Canada, and China have threatened retaliation, with Canada and China already imposing counter-tariffs. The U.S. Trade Office is targeting 20 nations for trade imbalances. Allies brace for economic fallout, while talks for carve-outs continue with UK and neighbors.

Donald Trump plans to introduce universal tariffs on all U.S. imports, targeting every country that imposes duties on American goods. His advisors proposed a flat 20% global tariff, though the White House hinted they might tailor it by country. Trump says the U.S. will be “kind” compared to what others charge, but aims to counter trade barriers like VAT and strict car regulations. Experts warn this could raise prices on groceries and essentials, directly impacting American consumers amid ongoing economic uncertainty.

As President Trump’s “Liberation Day” tariffs approach, Bitcoin and other cryptocurrencies are stuck in a volatile range. Crypto analyst Nic Puckrin says it’s a 50-50 chance for a breakout or a drop, with possible BTC targets between $88,000 and $73,000. Bitcoin is trading below its 200-day average, and low volume suggests hesitation. Experts say tariffs may hurt Bitcoin short-term by slowing growth and raising inflation fears, but long-term, BTC could bounce back as stagflation limits further rate hikes.

President Trump is reportedly considering 20% tariffs on most imports, potentially generating $6 trillion annually, according to The Washington Post. While the proposal is still under review, Trump is set to begin rolling out reciprocal tariffs on Wednesday. Initially expected to be country- and product-specific, the broader plan signals a more aggressive trade stance. Economists warn that rising prices, low consumer sentiment, and ongoing inflation could push the U.S. economy into recession if the policy is implemented.

President Trump’s long-awaited tariffs will be officially announced at 4 p.m. ET today and take immediate effect, the White House confirmed. While global markets saw a rebound ahead of the news, uncertainty remains high. Trump’s plan includes a 25% tariff on imported cars and targets countries like India, the EU, and Japan. Press Secretary Karoline Leavitt said Trump is open to negotiation but firm on “fixing past wrongs.” EU leaders warned of retaliation, while analysts remain split on whether markets will rally or retreat.

The world is tense as US President Donald Trump prepares to announce reciprocal tariffs today, April 2—dubbed “Liberation Day.” The tariffs will take immediate effect once revealed. Tensions escalated after the White House criticized India for its 100% tariff on US agricultural products and pointed out similar barriers in the EU, Japan, and Canada. With India in the spotlight, anticipation is rising globally over which countries will face the brunt of Trump’s latest move in his aggressive trade agenda.

President Donald Trump will officially announce new tariffs at 4 p.m. ET on April 2 during a Rose Garden event titled “Make America Wealthy Again.” According to White House Press Secretary Karoline Leavitt, the tariffs will take effect immediately, with collections starting Thursday. This move is part of Trump’s broader trade strategy tied to his so-called “Liberation Day,” aiming to penalize countries with unfair trade practices and strengthen U.S. economic standing ahead of the 2024 election campaign.

Starting April 2, US President Donald Trump will introduce new tariffs, calling it “Liberation Day” for America. These tariffs are aimed at countries that charge high duties on American products or have strict trade rules that the US sees as unfair. The move is part of Trump’s push to protect American industries and reduce trade imbalances. The White House believes these new measures will help create a fairer playing field for US businesses in the global market.