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However, many experts warn of major market volatility. Economic analyst Alex Krüger believes this could be the most critical financial event of the year. He warns that a broad tariff policy could cause a market crash of 10% to 15% in a short time. A worst-case scenario could trigger a financial “storm” by mid-April, just as US Tax Day approaches.
The uncertainty is already affecting global markets. Some nations are making efforts to ease tensions. Mexico, for example, has cooperated with the US on immigration and drug crime control to reduce tariff risks. But experts argue these actions won’t fully prevent economic fallout.
Past tariff moves have already shaken the markets. Trump imposed a 25% tariff on Mexican and Canadian imports and 10% on Chinese imports in February. The cryptocurrency market reacted within no time, and Bitcoin fell from $105,000 to $92,000. The stocks were also impacted, with the S&P 500 going down 7% and the NASDAQ by 10%.
With “Liberation Day” approaching, analysts warn of extreme volatility, especially in the crypto market, where liquidations could surge.
