On July 10 and 12, President Donald Trump announced new tariff measures, including a 35% tariff on Canadian products and a 30% tariff on imports from the European Union and Mexico. He also announced tariffs of 50% on copper and products from Brazil, along with higher tariffs for countries that do not reach agreements with the United States before August 1.
These tariffs are expected to increase the cost of imported goods, which could lead to higher inflation. Analysts warn that if the CPI exceeds expectations, investors might anticipate that the Fed will delay interest rate cuts. This scenario could create volatility in the cryptocurrency market and a possible correction in its prices.
Despite news about the tariffs, markets have remained stable so far. However, there are ongoing concerns that rising prices could affect consumer demand and delay any potential monetary easing by the Federal Reserve.