U.S. Trade Tariffs Reinstated: Implications for Crypto Markets
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Key Points: President Trump reinstates tariffs from August 1 affecting major partners. Market volatility expected, impacting both traditional and crypto assets. Higher than previous levels for non-compliant countries. On Sunday, U.S. President Donald Trump confirmed the reinstatement of tariffs on imports from major trading partners starting August 1, as prior negotiations failed. This move follows previous tariff suspensions aimed at facilitating new agreements. The August 1 deadline marks a critical juncture as suspended tariffs now return, targeting key sectors such as steel and aluminum. Market analysts anticipate volatility, especially within the raw materials industries affected by these changes. Tariffs to Exceed April Levels, Affect Key Sectors President Donald Trump stated that tariffs would be reimposed on August 1 for countries failing to secure trade agreements, after the June suspension to encourage negotiations. Key sectors like steel and aluminum are significantly impacted, potentially influencing trade relationships and market dynamics. For jurisdictions unable to finalize deals by July 9, tariffs will revert to higher levels seen earlier in April. This decision could disrupt existing supply chains and apply financial pressure on impacted nations. “I’ll probably start them [the tariffs] on August 1… that’s pretty early. Right?” — President Donald Trump Crypto and Traditional Markets Brace for Volatility Surge Did you know? In the 2018-2019 trade war, similar tariff announcements led to fluctuations in both equity and crypto markets, prompting diversified investment as a hedge against market uncertainty. Ethereum (ETH), quoted at $2,570.58, displays a market cap of $310.31 billion, holding a 9.22% market dominance, as per CoinMarketCap. The 24-hour trading volume reflects a 32.84% increase, with notable price fluctuations over 90 days, showing a 64.78% rise. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 23:50 UTC on July 6, 2025. Source: CoinMarketCap The Coincu research team highlights potential capital flow into BTC and…
Filed under: News - @ July 6, 2025 11:55 pm