Trump Announces 90-Day Suspension of U.S. Reciprocal Tariffs – Coincu
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Key Points: Tariff suspension by Trump excludes China from April 2025 to July 2025. Broad economic implications with no direct crypto asset impact yet. Main focus remains on renegotiating trade deals, particularly with China. Trump’s Tariff Suspension Sparks Supply Chain Adjustments Donald Trump has announced a 90-day suspension of most U.S. reciprocal tariffs, excluding China, effective April 10, 2025. The policy shift primarily aims to renegotiate trade deals, affecting supply chains but not directly impacting cryptocurrencies. Trump’s Tariff Suspension Sparks Supply Chain Adjustments Donald Trump announced a 90-day suspension on U.S. reciprocal tariffs starting April 10, 2025. This policy excludes China and aligns with previous strategies used during his administration to renegotiate international trade agreements. U.S. Customs and Border Protection confirmed the suspension’s execution, marking a temporary shift in trade policy. “Headings 9903.01.43-9903.01.62 and 9903.01.64-9903.01.76 are hereby suspended, and subdivisions (v)(xiii)(i)-(ix) and (xi)-(lvii) of U.S. note 2 to subchapter III of chapter 99 of the HTSUS are hereby suspended for a period of 90 days beginning at 12:01 a.m. on April 10, 2025” — Donald Trump, President of the United States Immediate implications involve adjustments to supply chains and import costs, although no direct financial incentives or grants are attached to this policy. Despite the halt in tariffs, broad macroeconomic impacts are expected, which could ripple into capital markets, including digital assets. Market and community reactions remain limited as the focus remains on macroeconomic impacts rather than specific crypto responses. No major statements have been issued by prominent crypto figures regarding this suspension, and regulatory agencies like the SEC or CFTC have not commented officially. Economic History Offers Clues to Potential Market Effects Did you know?In the 2018-2020 U.S.-China trade war, tariff changes led to short-term market volatility. However, the crypto market saw minimal direct impact during such economic strategies.…
Filed under: News - @ April 25, 2025 11:25 am