China Strikes Back With 125% Tariffs on U.S. Goods

China imposes 125% tariffs against U.S. imports Friday after U.S. President Donald Trump announced 145% tariffs against Chinese goods. Meanwhile, Trump becomes the first U.S. president to sign a crypto bill into law, overturning an anti-DeFi IRS rule and Trump family-backed World Liberty Financial denies reports it sold $8 million worth of ether earlier this week. CoinDesk's Christine Lee hosts "CoinDesk Daily." - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE