According to Stock Talk (@stocktalkweekly), President Trump announced that while exemptions could lower tariffs, the US will maintain a 10% baseline tariff on imports. This policy signals a shift toward lasting trade barriers, which may heighten traditional market volatility and potentially drive increased interest in cryptocurrencies as alternative assets for hedging against macroeconomic uncertainty. Traders should monitor related developments as tariff policies historically influence capital flows into crypto markets, especially during periods of heightened trade tensions (source: Stock Talk on Twitter, May 9, 2025).

According to The Kobeissi Letter, the S&P 500 fell back below 5600 in the immediate aftermath of the latest Federal Reserve decision, erasing gains made after the announcement of renewed US-China trade talks (source: @KobeissiLetter, May 7, 2025). Additionally, former President Trump stated he is not seeking 'so many tariff exemptions,' which may signal trade tensions could persist. For crypto traders, this sudden reversal in the stock market suggests increased uncertainty and risk aversion in broader financial markets, often leading to higher volatility in major cryptocurrencies as investors react to shifting macroeconomic sentiment.

According to @RepMaryMiller in an interview with @BreitbartNews, the agricultural sector in Illinois, particularly grain, cattle, and hog farmers, has faced decades of tight profit margins. Miller emphasized that farmers in her district strongly support President Trump's tariff policies, which are seen as protective of domestic agriculture (source: @RepMaryMiller via @BreitbartNews, April 25, 2025). For traders, this local backing suggests continued political support for tariffs, which historically impact the pricing and volatility of agricultural commodities such as corn, soybeans, and livestock on futures markets. Market participants should monitor U.S. tariff policy developments, as these can affect export competitiveness and influence global supply-demand dynamics for key agricultural products.