The post Trump Considers Tariff Suspension Deadline Amid Trade Talks appeared on BitcoinEthereumNews.com.

Key Points: Trump’s tariff deadline statement impacts global trade dynamics. Potential delay influences market volatility. Bitcoin responds as a hedge in uncertain markets. Donald Trump, in a June 29 interview, stated he does not plan to extend the tariff suspension deadline, yet remains open to the possibility. This statement from Trump holds significant weight in financial markets, stirring immediate speculation on potential outcomes and asset movements. Trump’s Tariff Plans Impact Markets and Bitcoin President Trump discussed the potential outcomes of tariff policies during a recent interview, indicating a hold on extending the tariff suspension deadline but leaving room for reconsideration. The announcement reflects ongoing complexity in trade negotiations, notably with Canada’s tariffs also causing a pause in talks. Financial markets are highly reactive to such announcements, often triggering shifts in investor sentiment. The statement’s implications extend beyond immediate responses, as traders recalibrate strategies based on evolving policy developments. As Jerome Powell, Fed Chair, noted, “Recent tariff hikes could pressure economic activity and fuel inflation.” Bitcoin saw a recent rally above $109,600, showcasing its role as a macro hedge amid market fluctuations. Federal Reserve Chair Jerome Powell warned of economic pressures from tariff policies, highlighting potential inflation concerns, while financial leaders like Jamie Dimon voiced apprehension about prolonged market instabilities. Bitcoin’s Role as a Hedge During Trade Uncertainty Did you know? The 2025 EU tariff delay by Trump previously led to a notable relief rally, emphasizing the significant impact of trade policy developments on cryptocurrency and broader financial markets. As of June 29, 2025, Bitcoin (BTC) is priced at $107,921.42, with a market capitalization of approximately 2.15 trillion dollars, according to CoinMarketCap. It maintains a 64.76% market dominance. Recent 24-hour trading volume decreased by 5.72% to approximately 32.98 billion dollars. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 15:20 UTC on June…

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Filed under: News - @ June 29, 2025 3:24 pm