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West Texas Intermediate crude futures saw a similar decline of 0.4 percent to $66.48 a barrel
Bitcoin dropped 6 percent after Trump's directive on Friday, lacking intentions for government Bitcoin purchases
Investors await U.S. nonfarm payrolls data Friday to assess Fed's interest rate strategy
Traders are concerned about U.S. tariffs and rising oil supplies from OPEC+ production increases
If the tariffs stay in place, Mexico plans to announce countermeasures, including retaliatory tariffs, on Sunday
Trump’s tariffs on products from Canada, Mexico, and China took effect just after midnight ET on Tuesday
U.S. President Trump followed through on threats of increased tariffs against China, Canada, and Mexico
China responded immediately, announcing additional tariffs of 10-15 percent on certain U.S. imports from March 10
Trump announced 25 percent tariffs on Mexico and Canada, starting Tuesday, and doubled Chinese tariffs to 20 percent
WTI crude futures dropped by 0.9 percent to $67.64 a barrel
The U.S. strategic stockpile will include bitcoin, ether, XRP, solana and cardano
Investors are now looking forward to China's annual parliamentary meeting for further insights into potential measures to support its economy
