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Key Points: Alleged U.S. Treasury warning on tariff rates raises questions. Statement’s accuracy remains unverified. Potential impact on international trade negotiations. U.S. Treasury Secretary Basent reportedly stated that non-compliant countries might receive the U.S.’s April 2nd tariff rates in a negotiation letter. The authenticity remains under question as no official confirmation has been found. This claim could influence global trade negotiations if validated, potentially affecting international economic relations. Unverified Tariff Statement Stirs International Concerns The supposed statement attributed to U.S. Treasury Secretary Basent about tariff rates appears unverified. Reports claim Basent warned countries against failing negotiations. The precise source of this statement is unclear. Authorities have not confirmed such a move, leaving the claim’s authenticity in doubt. If confirmed, this event could impact international trade dynamics. Countries receiving negotiation letters might react strongly to pre-April rates. Given the unverified nature, actual outcomes remain speculative without evidence or primary sources. Market reactions have been limited due to the lack of official confirmation. Government officials in various countries await clarity on whether Secretary Basent has issued such guidance. Without firm evidence, stakeholders hesitate to respond, anticipating further developments. Historical Echoes and Economic Influence Amid Uncertainty Did you know? The alleged U.S. Treasury guidance on tariffs echoes historical tariffs from 2018, when economic tensions heightened across global markets. Ethereum (ETH) recently priced at $2,391.11 highlights fluctuations with a market cap of $288.67 billion. According to CoinMarketCap, the past 24-hour trading volume was $27.78 billion, reflecting an 88.40% change. Ethereum’s price saw a 24-hour decline of 3.72% but a 30-day increase of 49.52%. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 04:21 UTC on May 19, 2025. Source: CoinMarketCap From the Coincu research team’s analysis, arising international trade tensions could slow global economic recovery, impacting financial markets often sensitive to political guidance. Their research suggests…

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Filed under: News - @ May 19, 2025 4:25 am