📰 Trump and the European Union Postpone Tariffs: A Breather for the Global Economy?
📅 May 26, 2025
President Donald Trump has announced the postponement until July 9 of the implementation of a 50% tariff on products from the European Union, originally scheduled for June 1. This decision comes after a conversation with the President of the European Commission, Ursula von der Leyen, who requested more time to negotiate a trade agreement.
📈 Market Reactions:
- The Stoxx Europe 600 index recovered Friday's losses, rising by 0.9%.
- The euro reached its highest level in a month against the dollar.
- The MSCI global equities index increased by 0.2%.
This postponement offers a window for both parties to negotiate and avoid an escalation in trade tensions.
💹 Impact on Cryptocurrencies: Bitcoin Benefits from Tariff Postponement
Trump's decision to delay tariffs on the EU has had a positive effect on the cryptocurrency market. Bitcoin (BTC) surpassed $110,000 USD, reaching a new all-time high.
🔍 Key Factors:
- The reduction of trade tensions improves appetite for risk assets.
- The weakening of the dollar drives investors towards alternative assets such as cryptocurrencies.
- Confidence in cryptocurrencies as a store of value strengthens during times of economic uncertainty.
This context suggests that cryptocurrencies might continue their upward trend in the short term.
