The Trump administration will exempt U.S. automakers from new tariffs on Canadian and Mexican imports for one month, the White House said Wednesday—as the 25% levies imposed Tuesday could potentially lead to price hikes on a range of imported goods,

President Donald Trump’s 25 percent tariffs on the United States’ largest trading partners heighten fears of an all-out trade war and higher prices for consumers.

Bitcoin (BTC-USD) surged over 5% on Thursday, soaring past $91,000 after dipping below $82,000 just two days ago. The sharp rally comes as investors brace for the upcoming White House Crypto Summit on Friday,

President Trump boosts crypto markets, naming Bitcoin, Ethereum, Ripple, Solana & Cardano for a U.S. crypto reserve.

This is Frances Yue, crypto reporter at MarketWatch. President Donald Trump will host his first White House crypto summit this Friday. However, it may not be enough to lift up bitcoin’s price, which has struggled lately as concerns around tariffs weigh on all risk assets,