#TrumpTariffs 🚀Trump Tariffs: Key Dates & Crypto Impact 🚀🔥
Today, July 7, 2025, President Trump is sending final tariff letters, with a July 9th deadline for trade deals. New, higher tariffs (from 10% baseline to 70% for some) take effect August 1st for non-deal countries.
•Current State: UK & Vietnam have deals. EU, Japan, India, and China face potential hikes.
•Crypto Reaction: Past tariff news triggered sharp BTC/ETH sell-offs (e.g., BTC from ~$109k to ~$75k in April). Expect continued volatility as "risk-off" sentiment prevails.
•Long-Term View: Some analysts suggest prolonged trade uncertainty could eventually boost Bitcoin's "digital gold" appeal.
Stay alert, manage risk, and DYOR. 📌