In a major shift that could reshape market dynamics, former U.S. President Donald Trump has announced a sweeping exemption for key tech products from the looming “reciprocal” tariffs. The decision, confirmed by the U.S. Customs and Border Protection, spares smartphones, semiconductors, storage cards, modems, and select electronics—offering relief to tech firms and potentially boosting correlated markets like cryptocurrency.
The tech sector, previously among the hardest hit in the U.S.-China trade tensions, welcomed the move. “Large-cap technology companies will ultimately come out ahead when this is all said and done,” stated The Kobeissi Letter in an April 12 post on X (formerly Twitter).
The ripple effect is already visible. Following news of the exemptions, Bitcoin [BTC] surged past $85,000, registering a 9% gain. The S&P 500 mirrored the rally, jumping over 10% on the same day Trump paused tariff hikes and reduced rates for non-retaliatory nations.
Crypto Markets Ride the Trade Winds
Cryptocurrencies, often linked to tech stock performance, have reacted positively to the improved macro outlook. Analysts suggest that easing trade tensions could encourage investor risk appetite, giving both equities and digital assets a bullish tailwind.
Also Read: BTC Price Forecast: Realized Cap Impulse Reaches Key Support Zone
Macroeconomic expert Raoul Pal characterized Trump’s tariff rollback as a strategic maneuver to build leverage for trade negotiations. Meanwhile, Bitcoin advocate Max Keiser warned that these exemptions won’t be enough to halt rising bond yields or reverse long-term economic trends.
Indeed, the yield on the 10-year U.S. Treasury briefly spiked to 4.5% on April 11, reflecting ongoing uncertainty despite the temporary trade relief. Keiser remained skeptical: “Confidence in U.S. bonds and the dollar has been eroding for years and won’t stop now.”
Bottom Line: Trump’s tech tariff exemptions may be more than just a win for Silicon Valley—they could mark a short-term catalyst for the crypto market. As trade tensions ease and tech stocks rebound, Bitcoin and other digital assets may continue to benefit from rising investor optimism. But with bond markets still flashing caution, the long-term outlook remains complex.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
