Heaptalk, Jakarta — The United States President, Donald Trump, recently announced plans to implement a new reciprocal tariff policy against US trade partners. This policy has triggered a sharp decline in major global investment instruments, including US equities and cryptocurrencies.
Following the declaration of tariff measures, Bitcoin tumbled to US$83,000 after briefly surging to US$87,000 during the initial disclosure. The US stock markets also came under pressure, with the Nasdaq 100 dropping 2.3% and the S&P falling 1.7% in after-hours trading. Technology stocks were among the hardest hit, with Tesla (TSLA) and Palantir (PLTR) each falling around 8%, Apple (APPL) down 7%, and both Amazon (AMZN) and Nvidia (NVDA) losing 6%. Consumer-focused stocks such as Nike (NKE) and Walmart (WMT) also suffered 7% declines.
If fully implemented, Reku analyst Fahmi Almuttaqin said these policies could reignite inflationary pressures and delay the anticipated shift toward lower interest rates. Increased market uncertainty may also lead investors to be more cautious about high-risk assets such as cryptocurrencies and equities, potentially driving continued price corrections,” he added.
Conversely, gold prices soared to a record high near $3,200 per ounce, reflecting heightened investor demand for safe-haven assets amid escalating geopolitical and economic uncertainty. The new tariff measures include a 25% duty on all imported vehicles effective (04/03) and a general 10% tariff on all imported goods starting April 5. Additionally, country-specific tariffs will take effect on April 9: China (34%), Vietnam (46%), Taiwan (32%), South Korea (25%), the European Union (20%), and Switzerland (31%). President Trump emphasized that the policy is intended to protect the US economy, which he claims has suffered from decades of unfair trade practices.
Nevertheless, the real impact of these policies remains to be seen, depending mainly on consumer behavior and how businesses adapt to the new regulations. Despite the near-term pressure, the current market correction could be considered a buy-on-weakness opportunity for risk-tolerant investors. Institutional interest in crypto assets, particularly Bitcoin, remains resilient. For instance, GameStop reportedly holds nearly US$1.5 billion in fresh capital, which may be allocated to Bitcoin acquisitions.
For beginner investors, he recommends strategies like dollar-cost averaging (DCA), in which assets are accumulated incrementally over time, such as monthly. This approach is especially relevant now that crypto prices—particularly altcoins—and US stocks have undergone significant corrections.
“Should market pressures persist, investors stand to benefit from lower average purchase prices. When sentiment eventually shifts, such positions may yield favorable returns. That said, investors must be selective. Those with lower risk appetite should consider assets with larger market caps and higher liquidity,” he concluded.
