Trump is making big moves again! The planned tariff increase on goods from 67 countries, originally set to take effect on August 1, has been directly postponed to August 7!
This time the tariffs range from 15% to 41%, marking the highest level in a century, but giving an extra week for negotiations allows countries to quickly 'bargain'!
The White House states: This is a new trade system for 'Trump round negotiations' aimed at restructuring global rules!
What impact does this have on the cryptocurrency space? In the short term, the delay in tariffs may ease market tensions, and the volatility of safe-haven assets like the US dollar and $BTC may decrease;
However, long-term uncertainty remains. If the negotiations fail on August 7, the global trade war could escalate, making cryptocurrencies potentially a 'safe haven' again!
Personally, I think Trump's tactic of 'deterrence first, then negotiation' is quite skillful, showcasing a tough stance while leaving room for negotiation.
However, the global trade chain is already fragile, and increasing tariffs will only drive up inflation, which could ultimately backfire on US stocks, making 'anti-traditional' assets like Bitcoin even more appealing!
Want to grasp the impact of Trump's policies on the cryptocurrency space in real time? Keep following Li Ge, and we will closely monitor the market around August 7! The market changes quickly, so don't wait until your positions are liquidated to regret it!