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How did the 15% tariff imposed by the US and South Korea in a recent trade deal help boost the Binance market?

- U.S. President Donald Trump announced a "full and complete" trade deal with South Korea, reducing blanket tariffs on South Korean exports to the U.S. from 25% (previously threatened) to 15%.

- Auto export tariffs will also drop from 25% to 15%.

1. $350 Billion Investment Fund:

- Trump claimed South Korea would provide $350 billion for U.S.-controlled investments, selected by him.

While the 15% tariff reduction did not directly target cryptocurrencies like Binance, it created positive ripple effects in the crypto market:

1. Improved Market Sentiment

- Lower trade tensions encouraged risk-taking, benefiting crypto (BTC, altcoins).

- Binance saw higher trading volumes as investor confidence grew.

2. Stabilized Korean Won (KRW) & Crypto Demand

- Economic relief from tariffs supported KRW stability, keeping South Korea’s crypto trading active on Binance.

- Increased KRW liquidity strengthened Binance’s position in the Asian market.

3. Potential Blockchain Collaboration

- The $350 billion investment fund could indirectly support blockchain projects, aiding Binance’s ecosystem.

- South Korea’s crypto-friendly policies might expand, easing Binance’s compliance efforts.

4. Binance’s Strategic Advantage in Asia

- Reduced U.S.-Asia trade friction could soften crypto regulations, giving Binance more flexibility.

- South Korea’s innovation focus may help Binance grow its regional presence.

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