TarriffsPause
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#TarriffsPause
Market Response & Price Action
• Bitcoin declined below $113,000 after Trump's reciprocal tariffs took effect August 1, showing immediate negative reaction
• Crypto-focused stocks suffered sharper losses: Coinbase (-16%) and MicroStrategy (-8.7%)
• Overall market cap remained resilient at $3.75T (up 0.41% as of August 6), indicating selective strength in certain digital assets
• Technical support established around $107,000-$108,000 level, with resistance at $115,000
Policy Implications & Market Drivers
• 50% copper tariffs potentially impact mining operations and hardware supply chains
• New automotive industry restrictions contribute to broader economic uncertainty
• Parallel development of clearer crypto regulatory frameworks under Trump creates counterbalancing positive catalyst
• Senate-backed stablecoin legislation signals potential institutional adoption pathway despite trade tensions
Strategic Considerations
• Monitor copper and automotive ETFs for cross-market correlation signals and supply chain impacts
• Consider 10-15% allocation to stablecoins as volatility hedge during policy implementation period
• Watch for institutional inflows into regulated crypto products as regulatory clarity improves
• Evaluate support/resistance levels ($107K-$115K range) for short-term trading opportunities
• Balance short-term defensive positioning with strategic accumulation as regulatory frameworks solidify.
$BTC
$ETH
$BNB
Market Response & Price Action
• Bitcoin declined below $113,000 after Trump's reciprocal tariffs took effect August 1, showing immediate negative reaction
• Crypto-focused stocks suffered sharper losses: Coinbase (-16%) and MicroStrategy (-8.7%)
• Overall market cap remained resilient at $3.75T (up 0.41% as of August 6), indicating selective strength in certain digital assets
• Technical support established around $107,000-$108,000 level, with resistance at $115,000
Policy Implications & Market Drivers
• 50% copper tariffs potentially impact mining operations and hardware supply chains
• New automotive industry restrictions contribute to broader economic uncertainty
• Parallel development of clearer crypto regulatory frameworks under Trump creates counterbalancing positive catalyst
• Senate-backed stablecoin legislation signals potential institutional adoption pathway despite trade tensions
Strategic Considerations
• Monitor copper and automotive ETFs for cross-market correlation signals and supply chain impacts
• Consider 10-15% allocation to stablecoins as volatility hedge during policy implementation period
• Watch for institutional inflows into regulated crypto products as regulatory clarity improves
• Evaluate support/resistance levels ($107K-$115K range) for short-term trading opportunities
• Balance short-term defensive positioning with strategic accumulation as regulatory frameworks solidify.
$BTC
$ETH
$BNB
$NEIRO
/USDT
Long Trade Signal Alert.!📈💯✅
$NEIRO is attracting meme coin attention with strong 24h volume and minor upward price action. Price is consolidating near recent highs, signaling possible breakout momentum.
Entry: 0.00041800 to 0.00042800
Targets: 0.00044800, 0.00047200, 0.00049900
Stop Loss: 0.00038600#NeiroEthereum
#TarriffsPause #BinanceHODLerTree #ETHCorporateReserves #EthereumTurns10 $SOL
/USDT
Long Trade Signal Alert.!📈💯✅
$NEIRO is attracting meme coin attention with strong 24h volume and minor upward price action. Price is consolidating near recent highs, signaling possible breakout momentum.
Entry: 0.00041800 to 0.00042800
Targets: 0.00044800, 0.00047200, 0.00049900
Stop Loss: 0.00038600#NeiroEthereum
#TarriffsPause #BinanceHODLerTree #ETHCorporateReserves #EthereumTurns10 $SOL
The US and China have agreed to extend the tariff pause for another 90 days.
$BNB $SOL $ETH #AmericaAIActionPlan #BinanceHODLerTree #TarriffsPause
$BNB $SOL $ETH #AmericaAIActionPlan #BinanceHODLerTree #TarriffsPause
JUST IN: 🇺🇸🇨🇳 US & China Extend Tariff Pause for 90 More Days!
Global tension cools down — at least for now.
The US and China just agreed to extend the tariff pause by another 90 days, giving markets some short-term relief.
📈 Bullish? Yes, this gives breathing room for risk assets.
⚠️ But don’t get too comfortable — the underlying trade dispute is far from over. Until there's a permanent deal, macro risk remains on the table.
Markets love peace… even temporary.
Let’s see how crypto reacts 👀
#Market_Update
#CryptoNewss
#TarriffsPause
Global tension cools down — at least for now.
The US and China just agreed to extend the tariff pause by another 90 days, giving markets some short-term relief.
📈 Bullish? Yes, this gives breathing room for risk assets.
⚠️ But don’t get too comfortable — the underlying trade dispute is far from over. Until there's a permanent deal, macro risk remains on the table.
Markets love peace… even temporary.
Let’s see how crypto reacts 👀
#Market_Update
#CryptoNewss
#TarriffsPause
USA TRUMP Coin Surge: Is a 2x Boom Just Around the Corner? 🚀🔥
Hey Binance Warriors! 🛡️
A political meme coin is making waves — and it might just rock the entire crypto scene!
TRUMP/USDT is showing signs of entering a powerful bullish phase — the kind that doesn’t come often! ⚡
Silent Accumulation Phase? OVER. 🏁
After weeks of consolidating tightly between $7 and $8, TRUMP coin has snapped like a loaded spring — and it's heading UP!
Key resistance levels have been shattered, and volume is exploding.
This isn’t just another pump — this could be a full-scale trend reversal.
Major Bullish Indicators: ✅
Breakout at $10.66
Strong daily close above a key resistance
Volume at its highest since launch
New Higher High at $16.17
Bulls in control
Dip to $13.50 quickly absorbed — serious buyer demand
Volume Surge
Highest 1-day volume in 6 months
Buyers dominating — sellers barely visible
Price Targets: What’s Next? 🎯
If $16.17 breaks, momentum could double fast, aiming for $18.50 and potentially $22.00 in short order.
Hidden Strength Signals: 🕵️♂️
MA(5) > MA(10): Fresh bullish cross
RSI entering overbought territory — and strong moves often stay that way
Hammer candles on dips — a sign of relentless buying
Trade Plan:
Buy Zone: $13.50 - $14.50 (ideal pullback entries)
Stoploss: $11.79 (clear invalidation level)
Targets:
TP1: $16.20
TP2: $18.50
TP3: $22.00
Risk-Reward Ratio: 1:3+ — elite-level setup
Final Thoughts:
Not financial advice — just sharp analysis.
But with surging momentum, volume spikes, and key breakout confirmations, TRUMP/USDT could be one of this month’s top performers.
Don’t FOMO — but keep your eyes on smart dip entries around $13.50.
Stay focused, trade wisely.
🔥 Available Now on Binance! 🔥 👉 trump
Disclaimer:
This is a personal analysis. Always do your own research. Trade responsibly.
Like, comment, and follow for more explosive crypto setups!
#TarriffsPause
Hey Binance Warriors! 🛡️
A political meme coin is making waves — and it might just rock the entire crypto scene!
TRUMP/USDT is showing signs of entering a powerful bullish phase — the kind that doesn’t come often! ⚡
Silent Accumulation Phase? OVER. 🏁
After weeks of consolidating tightly between $7 and $8, TRUMP coin has snapped like a loaded spring — and it's heading UP!
Key resistance levels have been shattered, and volume is exploding.
This isn’t just another pump — this could be a full-scale trend reversal.
Major Bullish Indicators: ✅
Breakout at $10.66
Strong daily close above a key resistance
Volume at its highest since launch
New Higher High at $16.17
Bulls in control
Dip to $13.50 quickly absorbed — serious buyer demand
Volume Surge
Highest 1-day volume in 6 months
Buyers dominating — sellers barely visible
Price Targets: What’s Next? 🎯
If $16.17 breaks, momentum could double fast, aiming for $18.50 and potentially $22.00 in short order.
Hidden Strength Signals: 🕵️♂️
MA(5) > MA(10): Fresh bullish cross
RSI entering overbought territory — and strong moves often stay that way
Hammer candles on dips — a sign of relentless buying
Trade Plan:
Buy Zone: $13.50 - $14.50 (ideal pullback entries)
Stoploss: $11.79 (clear invalidation level)
Targets:
TP1: $16.20
TP2: $18.50
TP3: $22.00
Risk-Reward Ratio: 1:3+ — elite-level setup
Final Thoughts:
Not financial advice — just sharp analysis.
But with surging momentum, volume spikes, and key breakout confirmations, TRUMP/USDT could be one of this month’s top performers.
Don’t FOMO — but keep your eyes on smart dip entries around $13.50.
Stay focused, trade wisely.
🔥 Available Now on Binance! 🔥 👉 trump
Disclaimer:
This is a personal analysis. Always do your own research. Trade responsibly.
Like, comment, and follow for more explosive crypto setups!
#TarriffsPause
🚨 Big moves on the economic front — According to Jinshi Data, former President Trump just dropped some major policy updates that could shake things up globally. He’s pushing for new tariffs on any country that taxes U.S. exports, signaling a tougher stance on trade. At the same time, he says Congress is on the verge of passing what he’s calling the “biggest tax cut bill in U.S. history”—and he’s not holding back, calling it a “rocket” for the American economy. 🚀
What does this all mean? In theory, lower taxes + stricter trade rules = a jolt to U.S. growth and investor confidence. Sounds good, right? But there’s a flip side. These moves could also stir up global market tension, trade disputes, and even push inflation higher. It’s a bold strategy, no doubt.
#TrumpTariffs #Tariffs #TRUMP #TarriffsPause
What does this all mean? In theory, lower taxes + stricter trade rules = a jolt to U.S. growth and investor confidence. Sounds good, right? But there’s a flip side. These moves could also stir up global market tension, trade disputes, and even push inflation higher. It’s a bold strategy, no doubt.
#TrumpTariffs #Tariffs #TRUMP #TarriffsPause
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Price Increase Near Its End – A Drop is Expected in Early May.
I shared that BTC would surpass the mark of $95,000—and it did, reaching approximately $95,700. Before this upward movement, I also predicted a correction to around $94,000 before rising again to $95,000. In reality, BTC dropped to $93,929—just $70 from my forecast, which is almost exact.
Those who watched the live stream can confirm this!!!
During the same session, I mentioned a potential target of $96,200. Although it has not yet been reached, there is still a strong probability that BTC will rise to around $96,000. Based on current observations, there is an 80% probability that a drop will start near $96,000 and a 20% probability that it will start closer to $98,000.
The first round of the drop is expected to take BTC to around $89,000, followed by a second wave targeting $86,000, and then potentially new lows after that.
However, this will not be a sudden drop—it will develop gradually, with periods of sideways movement and sales in between. So do not assume that a sharp drop will happen immediately after reading this.
This drop is more likely to start in early May, although the exact timing will depend on how the market evolves. Please remember: this is just my personal prediction and not financial advice.
"I am not responsible for any trading loss you may incur based on this information. Market trends and candle charts fluctuate constantly, so treat this analysis as a reference only—not as a trading signal".
#TarriffsPause
$BTC
I shared that BTC would surpass the mark of $95,000—and it did, reaching approximately $95,700. Before this upward movement, I also predicted a correction to around $94,000 before rising again to $95,000. In reality, BTC dropped to $93,929—just $70 from my forecast, which is almost exact.
Those who watched the live stream can confirm this!!!
During the same session, I mentioned a potential target of $96,200. Although it has not yet been reached, there is still a strong probability that BTC will rise to around $96,000. Based on current observations, there is an 80% probability that a drop will start near $96,000 and a 20% probability that it will start closer to $98,000.
The first round of the drop is expected to take BTC to around $89,000, followed by a second wave targeting $86,000, and then potentially new lows after that.
However, this will not be a sudden drop—it will develop gradually, with periods of sideways movement and sales in between. So do not assume that a sharp drop will happen immediately after reading this.
This drop is more likely to start in early May, although the exact timing will depend on how the market evolves. Please remember: this is just my personal prediction and not financial advice.
"I am not responsible for any trading loss you may incur based on this information. Market trends and candle charts fluctuate constantly, so treat this analysis as a reference only—not as a trading signal".
#TarriffsPause
$BTC
Trade War Update – May 14, 2025
Tensions between the U.S. and China have eased significantly with both countries announcing major tariff reductions. The U.S. cut tariffs on Chinese goods from 145% to 30% and slashed the "de minimis" rate from 120% to 54% with a $100 flat fee. In response, China lowered its tariffs on U.S. imports from 125% to 10%. These changes, effective for 90 days, aim to stabilize trade and reopen dialogue.
Markets responded positively—S&P 500 erased its 2025 losses, Nasdaq rose 1.6%, and Asian markets like Hong Kong’s Hang Seng and Korea’s Kospi jumped 1.1%. Meanwhile, gold prices dipped as risk sentiment improved and investors moved away from safe-haven assets.
This truce marks a critical turning point in the U.S.-China economic standoff, potentially paving the way for longer-term cooperation and market stability.
$BTC
$BNB
#tradewarandcrypto #USChina #NewsTrade #TarriffsPause #EconomicAlert
Tensions between the U.S. and China have eased significantly with both countries announcing major tariff reductions. The U.S. cut tariffs on Chinese goods from 145% to 30% and slashed the "de minimis" rate from 120% to 54% with a $100 flat fee. In response, China lowered its tariffs on U.S. imports from 125% to 10%. These changes, effective for 90 days, aim to stabilize trade and reopen dialogue.
Markets responded positively—S&P 500 erased its 2025 losses, Nasdaq rose 1.6%, and Asian markets like Hong Kong’s Hang Seng and Korea’s Kospi jumped 1.1%. Meanwhile, gold prices dipped as risk sentiment improved and investors moved away from safe-haven assets.
This truce marks a critical turning point in the U.S.-China economic standoff, potentially paving the way for longer-term cooperation and market stability.
$BTC
$BNB
#tradewarandcrypto #USChina #NewsTrade #TarriffsPause #EconomicAlert
Ethereum’s Rollercoaster Ride: Navigating the Uptrend and Preparing for Potential Downturns
The cryptocurrency market is buzzing with excitement as **Ethereum (ETH)** continues its bullish momentum, riding a strong uptrend fueled by enthusiastic buyers and optimistic technical signals. However, seasoned traders know that even the steepest rallies can face turbulence. Let’s break down why Ethereum’s current trajectory is turning heads—and what could threaten its climb.
---
### **The Bullish Case: Why Ethereum is Shining**
1. **Technical Strength in the Short Term**
Ethereum’s price is currently trading **above key moving averages** (like the 50-day and 200-day MA), a classic signal of short-term bullish momentum. This alignment suggests buyers are in control, creating a "floor" of support that has kept ETH afloat despite market volatility.
2. **Buyer Dominance**
The uptrend is backed by aggressive accumulation, particularly from institutional players and long-term holders. Recent network upgrades, including **The Merge** and growing adoption in DeFi and NFTs, have reignited confidence in Ethereum’s utility.
3. **Breaking Barriers**
ETH has steadily climbed past psychological resistance levels, with eyes now set on the **$1,841–$1,850 zone**. A clean break above this area could open the door to a rally toward $2,000, a level not seen since August 2022.
---
### **Storm Clouds Ahead: Risks of a Downtrend**
While the trend is undeniably positive, crypto markets are notorious for sharp reversals. Here’s what could trigger a pullback:
1. **Resistance at $1,841–$1,850**
This zone has historically acted as a **ceiling** for Ethereum. If buyers fail to overpower selling pressure here, profit-taking could lead to a short-term correction. Traders often "sell the news" near such levels.
2. **Macroeconomic Wildcards**
Rising interest rates, inflation fears, or regulatory crackdowns on crypto could spook investors. Ethereum, like all risk assets, remains vulnerable to broader market sentiment.
3. **On-Chain Warning Signs**
Metrics like exchange inflows (indicating holders may sell) or declining network activity could signal weakening momentum. Watch for drops in daily active addresses or staking withdrawals.
---
### **Key Levels to Watch: Support vs. Resistance**
- **Upside Targets**: A sustained break above $1,850 could propel ETH toward $1,920 and eventually $2,000.
- **Downside Risks**: If profit-taking kicks in, immediate support lies at **$1,750–$1,780**. A drop below this might test the $1,680–$1,700 "buy the dip" zone.
---
### **How to Trade This Market**
- **Bullish Strategy**: Ride the wave toward $1,850, but set trailing stop-losses to lock in gains.
- **Bearish Hedge**: Consider partial profit-taking near resistance or use options to hedge against a downturn.
- **Long-Term Holders**: Focus on Ethereum’s fundamentals—its role in Web3, staking yields, and ongoing upgrades—to weather short-term swings.
---
### **Final Thoughts: Balance Optimism with Caution**
Ethereum’s uptrend is a thrilling ride, but smart traders keep one hand on the eject button. While the path to $2,000 seems plausible, **volatility is guaranteed**. Stay alert to macroeconomic news, monitor on-chain data, and never underestimate the power of a market correction.
Whether you’re bullish or bearish, one thing’s certain: Ethereum remains a cornerstone of crypto’s future. Buckle up, stay nimble, and enjoy the ride!
*🚀 Got thoughts on ETH’s next move? Share your predictions in the comments!*
---
*Disclaimer: This is not financial advice. Always conduct your own research.
#Write2Earn
#TarriffsPause
$ETH
---
### **The Bullish Case: Why Ethereum is Shining**
1. **Technical Strength in the Short Term**
Ethereum’s price is currently trading **above key moving averages** (like the 50-day and 200-day MA), a classic signal of short-term bullish momentum. This alignment suggests buyers are in control, creating a "floor" of support that has kept ETH afloat despite market volatility.
2. **Buyer Dominance**
The uptrend is backed by aggressive accumulation, particularly from institutional players and long-term holders. Recent network upgrades, including **The Merge** and growing adoption in DeFi and NFTs, have reignited confidence in Ethereum’s utility.
3. **Breaking Barriers**
ETH has steadily climbed past psychological resistance levels, with eyes now set on the **$1,841–$1,850 zone**. A clean break above this area could open the door to a rally toward $2,000, a level not seen since August 2022.
---
### **Storm Clouds Ahead: Risks of a Downtrend**
While the trend is undeniably positive, crypto markets are notorious for sharp reversals. Here’s what could trigger a pullback:
1. **Resistance at $1,841–$1,850**
This zone has historically acted as a **ceiling** for Ethereum. If buyers fail to overpower selling pressure here, profit-taking could lead to a short-term correction. Traders often "sell the news" near such levels.
2. **Macroeconomic Wildcards**
Rising interest rates, inflation fears, or regulatory crackdowns on crypto could spook investors. Ethereum, like all risk assets, remains vulnerable to broader market sentiment.
3. **On-Chain Warning Signs**
Metrics like exchange inflows (indicating holders may sell) or declining network activity could signal weakening momentum. Watch for drops in daily active addresses or staking withdrawals.
---
### **Key Levels to Watch: Support vs. Resistance**
- **Upside Targets**: A sustained break above $1,850 could propel ETH toward $1,920 and eventually $2,000.
- **Downside Risks**: If profit-taking kicks in, immediate support lies at **$1,750–$1,780**. A drop below this might test the $1,680–$1,700 "buy the dip" zone.
---
### **How to Trade This Market**
- **Bullish Strategy**: Ride the wave toward $1,850, but set trailing stop-losses to lock in gains.
- **Bearish Hedge**: Consider partial profit-taking near resistance or use options to hedge against a downturn.
- **Long-Term Holders**: Focus on Ethereum’s fundamentals—its role in Web3, staking yields, and ongoing upgrades—to weather short-term swings.
---
### **Final Thoughts: Balance Optimism with Caution**
Ethereum’s uptrend is a thrilling ride, but smart traders keep one hand on the eject button. While the path to $2,000 seems plausible, **volatility is guaranteed**. Stay alert to macroeconomic news, monitor on-chain data, and never underestimate the power of a market correction.
Whether you’re bullish or bearish, one thing’s certain: Ethereum remains a cornerstone of crypto’s future. Buckle up, stay nimble, and enjoy the ride!
*🚀 Got thoughts on ETH’s next move? Share your predictions in the comments!*
---
*Disclaimer: This is not financial advice. Always conduct your own research.
#Write2Earn
#TarriffsPause
$ETH
The #TarriffsPause introduced a temporary wave of optimism across global markets. Announced as a 90-day suspension of new tariffs, it helped ease inflation concerns and gave businesses a short window to adjust supply chains. Investors responded positively at first, but the excitement is fading as the pause nears its end. Signals from policymakers suggest tariffs could return, raising fears of renewed pressure on prices and international trade. While the pause offered some breathing room, it did not solve deeper issues around economic stability and global competition. Businesses remain cautious, using the time to prepare for potential disruptions. As the deadline approaches, uncertainty is growing, and markets are bracing for impact once again.
#TarriffsPause
Consumers expressed intensifying unease about economic policy developments,” said Consumers Surveys Director Joanne Hsu. “The announcement was not enough to settle consumers’ concerns over the potential impact of trade policy on the economy.”
Hsu said the pause helped soften pessimism over inflation expectations, as it improved slightly from earlier in the month. However, the readings were still historically high. Consumers expect inflation to reach 6.5% over the next year, the highest since 1981.
Consumers expressed intensifying unease about economic policy developments,” said Consumers Surveys Director Joanne Hsu. “The announcement was not enough to settle consumers’ concerns over the potential impact of trade policy on the economy.”
Hsu said the pause helped soften pessimism over inflation expectations, as it improved slightly from earlier in the month. However, the readings were still historically high. Consumers expect inflation to reach 6.5% over the next year, the highest since 1981.
#TarriffsPause
A tariff is a tax imposed by a government on imported or exported goods. Its primary purpose is to protect domestic industries from foreign competition by making imported goods more expensive. Tariffs can also generate revenue for the government and are often used as a tool in trade negotiations. However, while tariffs can benefit local producers in the short term, they often lead to higher prices for consumers and can trigger trade wars between countries. Over time, widespread tariffs may reduce economic efficiency and limit market choices. In today’s interconnected global economy, tariffs are a critical and often controversial tool, influencing international relations, supply chains, and market dynamics. Understanding their impact is essential for policymakers and businesses alike.
A tariff is a tax imposed by a government on imported or exported goods. Its primary purpose is to protect domestic industries from foreign competition by making imported goods more expensive. Tariffs can also generate revenue for the government and are often used as a tool in trade negotiations. However, while tariffs can benefit local producers in the short term, they often lead to higher prices for consumers and can trigger trade wars between countries. Over time, widespread tariffs may reduce economic efficiency and limit market choices. In today’s interconnected global economy, tariffs are a critical and often controversial tool, influencing international relations, supply chains, and market dynamics. Understanding their impact is essential for policymakers and businesses alike.
🔔🔔📢📢📢🗣
On April 9, 2025, President Donald Trump announced a 90-day pause on most U.S. tariffs, providing temporary relief to global markets. However, tariffs on Chinese imports were increased to 125%, intensifying trade tensions between the two nations. The announcement led to a significant surge in U.S. stock markets, with the S&P 500 rising 9.5% and the Nasdaq jumping 12.2%, marking their largest single-day gains in years . Despite this market rally, President Trump indicated on April 25 that another 90-day tariff pause is unlikely, signaling a potential return to stricter trade policies.#TarriffsPause
On April 9, 2025, President Donald Trump announced a 90-day pause on most U.S. tariffs, providing temporary relief to global markets. However, tariffs on Chinese imports were increased to 125%, intensifying trade tensions between the two nations. The announcement led to a significant surge in U.S. stock markets, with the S&P 500 rising 9.5% and the Nasdaq jumping 12.2%, marking their largest single-day gains in years . Despite this market rally, President Trump indicated on April 25 that another 90-day tariff pause is unlikely, signaling a potential return to stricter trade policies.#TarriffsPause
#MyFamily Next kis coin k chart ka analysis 🔍, chahty hen.
Apny favorite ya required coins comments💬 mn btaen.
Ta k ⏱️ Time stone 💎 ko use kr k apko predictions aur strategies bta sakon. . . .
Mjy yahan comments mn wait Rhy ga.
Apki motivation aur tareef k lea shukriya 🌹!
$BTC #TarriffsPause $PENGU #BTCvsMarket $XRP #BinanceAlphaPoints
#TradingShot
Apny favorite ya required coins comments💬 mn btaen.
Ta k ⏱️ Time stone 💎 ko use kr k apko predictions aur strategies bta sakon. . . .
Mjy yahan comments mn wait Rhy ga.
Apki motivation aur tareef k lea shukriya 🌹!
$BTC #TarriffsPause $PENGU #BTCvsMarket $XRP #BinanceAlphaPoints
#TradingShot
U.S. tariffs on Chinese goods will drop from 145% to 30%.
Beijing has also agreed to lower its retaliatory levies from 125% to 10% for at least 90 days as both sides plan on continuing trade negotiations.
#TarriffsPause
Beijing has also agreed to lower its retaliatory levies from 125% to 10% for at least 90 days as both sides plan on continuing trade negotiations.
#TarriffsPause
See original
$TRUMP Trump urges the Federal Reserve to cut interest rates by 300 basis points amid pressure from Powell and market expectations
#TRUMP #Trumptartts #TariffTensions #TarriffsPause #tarriffrelief
#TRUMP #Trumptartts #TariffTensions #TarriffsPause #tarriffrelief
UK temporarily spared from Trump's 50% metal tariffs
#TarriffsPause
The UK has been temporarily spared from US President Donald Trump's executive order doubling steel and aluminium tariffs from 25% to 50%.
The order signed by Trump on Tuesday evening raises import taxes for US-based firms buying from other countries from Wednesday - but the levy remains at 25% for the UK.
The order depends on the UK and US tariff pact signed in May, which would axe steel and aluminium tariffs but has yet to come into force, meaning UK steel exporters will face tariffs until then and could face the 50% tariff if the pact falters.
The UK government said it is "committed to protecting British business and jobs", but the Conservatives said the order was a "fresh tariff blow".
The UK government spokesperson added that it will "continue to work with the US to implement our agreement, which will see the [tariffs] removed", with the legislation implementing the deal to be presented in Parliament "in due course".
Trump said in the order that the UK needed "different treatment" because of the US-UK Economic Prosperity Deal (ECD) signed on 8 May 2025.
However, Trump later added that the US might increase the tariff on the UK "on or after July 9 2025" if it "determines that the United Kingdom has not complied with relevant aspects of the EPD".
#TarriffsPause
The UK has been temporarily spared from US President Donald Trump's executive order doubling steel and aluminium tariffs from 25% to 50%.
The order signed by Trump on Tuesday evening raises import taxes for US-based firms buying from other countries from Wednesday - but the levy remains at 25% for the UK.
The order depends on the UK and US tariff pact signed in May, which would axe steel and aluminium tariffs but has yet to come into force, meaning UK steel exporters will face tariffs until then and could face the 50% tariff if the pact falters.
The UK government said it is "committed to protecting British business and jobs", but the Conservatives said the order was a "fresh tariff blow".
The UK government spokesperson added that it will "continue to work with the US to implement our agreement, which will see the [tariffs] removed", with the legislation implementing the deal to be presented in Parliament "in due course".
Trump said in the order that the UK needed "different treatment" because of the US-UK Economic Prosperity Deal (ECD) signed on 8 May 2025.
However, Trump later added that the US might increase the tariff on the UK "on or after July 9 2025" if it "determines that the United Kingdom has not complied with relevant aspects of the EPD".
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