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,

Bitcoin (BTC-USD), ether (ETH-USD) and other token prices reversed higher in Wednesday morning trading, as persistent volatility continued to grip the crypto market ahead of President Donald Trump's much-anticipated summit.

Made in USA coins will be in the spotlight this week as Donald Trump hosts the first crypto summit in Washington. He is expected to announce the Strategic Bitcoin Reserve, a move that may lead to more demand in the near term.