Tariff changes create market uncertainty before April 2
U.S. President Donald Trump has hinted at being flexible with tariffs, which has led to some positive movement in the stock market. However, this flexibility also brings uncertainty, which is typically not welcomed by investors. Trump's comments suggest that while there may be some changes, the tariffs will remain reciprocal, meaning that any adjustments will affect both the U.S. and other countries equally. Market watchers anticipate further clarification on how these tariffs will change, particularly on April 2, when the new tariffs are scheduled to start. There is a chance that this date could also be adjusted, depending on Trump's decisions. In another major development, the Securities and Exchange Commission (SEC) has dropped its lawsuit against Ripple, concluding a years-long battle. Ripple had been accused of raising $1.3 billion by selling its XRP token without proper registration. The SEC's change in approach signals a potential shift toward more engagement with the crypto industry, rather than strict enforcement. Hester Peirce, leading the new Crypto Task Force, has stated that the SEC intends to provide a clearer regulatory framework for cryptocurrencies.