New U.S. Tariffs Targeting 14 Countries Effective August 1st
The post New U.S. Tariffs Targeting 14 Countries Effective August 1st appeared on BitcoinEthereumNews.com. Key Points: U.S. tariffs on 14 countries increase average rate to 14.6%. Deutsche Bank estimates even higher potential rate. Markets react with increased volatility and risk aversion. U.S. President Donald Trump announced tariffs on 14 countries, effective August 1, 2025, impacting major goods. Tensions rise as tariffs potentially escalate to influence macroeconomic trade and cryptocurrency markets. U.S. Tariffs Set to Elevate to 14.6% on Imports President Trump announced imposing tariffs on imports from 14 countries. Starting August 1, 2025, these measures reflect efforts to make U.S. trade more reciprocal, advised by senior officials. J.P. Morgan and Deutsche Bank analyses suggest higher U.S. tariff rates could result. The immediate change raises the average U.S. tariff rate from 13.4% to 14.6%. Possible expansions of these measures might include additional tariffs on copper products and BRICS countries, raising rates by another potential 6%. Market responses see increased volatility. President Trump emphasized, “tariffs will start being paid on Aug. 1, 2025 — No extensions.” Macroeconomic tensions usually favor BTC as a hedge, though no significant on-chain shifts are currently observed. Crypto Markets Brace for Volatility Amid Trade Tensions Did you know? Historically, tariff announcements have shifted crypto market dynamics, often causing flows into stable assets like BTC amidst global risk uncertainty. Bitcoin’s current price stands at $111,008.99, with a market cap of $2.21 trillion and a 63.87% dominance according to CoinMarketCap. The 24-hour trading volume is $57.05 billion, marking a 1.87% daily rise. BTC’s 30-day value increased by 1.10%, priced at $111,008.99. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 21:52 UTC on July 9, 2025. Source: CoinMarketCap The Coincu Research Team suggests that these crypto market reactions may reflect increased investor caution. Such global trade tensions can prompt defensive strategies favoring BTC and other safe-haven assets. This scenario could support stablecoin volumes in affected…
The post New U.S. Tariffs Targeting 14 Countries Effective August 1st appeared on BitcoinEthereumNews.com.
Key Points: U.S. tariffs on 14 countries increase average rate to 14.6%. Deutsche Bank estimates even higher potential rate. Markets react with increased volatility and risk aversion. U.S. President Donald Trump announced tariffs on 14 countries, effective August 1, 2025, impacting major goods. Tensions rise as tariffs potentially escalate to influence macroeconomic trade and cryptocurrency markets. U.S. Tariffs Set to Elevate to 14.6% on Imports President Trump announced imposing tariffs on imports from 14 countries. Starting August 1, 2025, these measures reflect efforts to make U.S. trade more reciprocal, advised by senior officials. J.P. Morgan and Deutsche Bank analyses suggest higher U.S. tariff rates could result. The immediate change raises the average U.S. tariff rate from 13.4% to 14.6%. Possible expansions of these measures might include additional tariffs on copper products and BRICS countries, raising rates by another potential 6%. Market responses see increased volatility. President Trump emphasized, “tariffs will start being paid on Aug. 1, 2025 — No extensions.” Macroeconomic tensions usually favor BTC as a hedge, though no significant on-chain shifts are currently observed. Crypto Markets Brace for Volatility Amid Trade Tensions Did you know? Historically, tariff announcements have shifted crypto market dynamics, often causing flows into stable assets like BTC amidst global risk uncertainty. Bitcoin’s current price stands at $111,008.99, with a market cap of $2.21 trillion and a 63.87% dominance according to CoinMarketCap. The 24-hour trading volume is $57.05 billion, marking a 1.87% daily rise. BTC’s 30-day value increased by 1.10%, priced at $111,008.99. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 21:52 UTC on July 9, 2025. Source: CoinMarketCap The Coincu Research Team suggests that these crypto market reactions may reflect increased investor caution. Such global trade tensions can prompt defensive strategies favoring BTC and other safe-haven assets. This scenario could support stablecoin volumes in affected…
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