U.S. Treasury Secretary Confirms 90-Day Pause on Tariffs Amid Tense EU Talks
🇺🇸🤝🇪🇺📉
According to BlockBeats, U.S. Treasury Secretary Scott Bessent says the 90-day pause in trade negotiations (initiated April 2) was driven by sincere efforts to reach a fair deal with the EU.
But here’s the twist:
⚠️ President Donald Trump isn’t happy with the EU’s proposal, calling it "inadequate"
🔥 He’s urging the EU to step up, or risk seeing tariffs jump back—or even increase
📉 The temporary 10% baseline tariff could end abruptly if no deal is reached
What’s at stake?
Global trade stability
Inflation pressure
Supply chain resilience
Potential market volatility — including crypto sentiment
Macro tension = Market reaction.
Keep an eye on how this plays out—it could ripple across all sectors.
#USvsEU #TariffTalks #MacroUpdate #BinanceSquare #CryptoMarkets