Trump announced on Monday that a 25% tariff will be imposed on goods from South Korea and Japan, effective August 1.
According to a letter Trump sent to the leaders of both countries, he has given them some time to reach a trade agreement with the U.S. before August.
Honestly, Japan and South Korea are confused. They want to get a 10% tariff like the EU, but they are resisting hard.
But they haven't realized that the EU and the U.S. are like father and son, united as brothers.
Japan and South Korea also want special treatment, but even though they are allies, they are not as close as blood relatives.
Actually, just go ahead and sign it, look at East Asia, currently the highest tariffs in the world at 50%. And there are various trade restrictions as well.
Recently, U.S. stocks, regardless of whether they are facing tariff issues, actually have a demand for a pullback after a rise. Those tariffs are just a gimmick.
BTC has also surged for a while, currently undergoing wide fluctuations; it is still recommended to short above 109,000 and go long around 100,000. Generally, you can catch the big waves.
For spot trading, don't rush to enter the market. Be patient; there will always be an opportunity to get in. $BTC $ETH $SOL