Pierre Rochard: When countries own large amounts of bitcoin, the new world reserve currency is bitcoin by default

White House documents show that some goods will not be subject to reciprocal tariffs, including: steel/aluminum products and automobiles/auto parts already subject to Section 232 tariffs; copper, pharmaceuticals, semiconductors, and wood products; all items that may be subject to Section 232 tariffs in the future; gold; energy and certain other minerals not available to the United States.

Brian Jacobsen, chief economist at Annex Wealth Management, said the situation could have been worse, and describing the tariffs as "reciprocal" could have prompted officials to negotiate quickly rather than retaliate. But there are still costs to the tariffs, which are either higher consumer prices or lower profits, neither of which is good for investors. The market's reaction is justified, as the question now is how long these tariffs will last.

Nasdaq futures widened their losses to 4 per cent, with S & P 500 futures down more than 3 per cent and Dow futures down 1.8 per cent as Mr. Trump announced so-called "reciprocal tariffs". Apple's U.S. stock market fell 7.5% after trading, Tesla fell 5%, and Nvidia fell 4.4%.

President Trump: An important bill in Congress would include tax cuts.

The market shows that BNB has fallen below $600 and is now quoted at $599.91, a 24-hour decline of 1.52%. The market is volatile, so please do a good job in risk control.

After Trump announced the detailed tariff measures, bitcoin rose and then fell, reaching a peak of around $88,500 before falling back below $85,000 and now trading at $84,722, down 0.8% in 24 hours.

Coinbase adds Reserve Rights (RSR) to its listing roadmap.

US President Donald Trump has said that countries that treat them badly will calculate the total amount, including non-monetary barriers. The retaliatory rate will be half of their tariff rate, which will not be fully reciprocal.

US Treasury Secretary Bescent: I suggest all countries not to take retaliatory action. We can see if there will be a different tariff floor (compared to the published numbers). Trump's mentality may be to let things stabilize for the time being. I am not involved in the negotiations, we are going to see if there is any negotiation before April 9 (the effective date of the reciprocal tariffs).

The offshore renminbi widened its decline against the dollar to 0.5 per cent at 7.3325.

International gold continued to set a new high. COMEX gold futures rose 1.41% to $3,190.3 an ounce, a new record high. COMEX silver futures rose 2.01% to $35 an ounce.

Senior White House official: The benchmark tariff rate (10%) will take effect in the early morning of April 5, and the reciprocal tariff will take effect in the early morning of April 9.