this indicates that the crypto market may suffer more declines, right?? and here we go 🥲... today is already terrible because it's the weekend.
thaitraderoficial
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🚨ALERT NEWS: President Donald Trump announced the signing of letters directed to 12 countries with new import tariffs, which could reach up to 70%. The letters, according to Trump, will be sent next Monday and bring take-it-or-leave-it offers. The measures will take effect on August 1st.
Initially, a basic tariff of 10% was announced in April, with surcharges reaching up to 50%. However, these tariffs were suspended for 90 days, a period that ends on July 9th. Now, Trump indicates an even greater increase in percentages, frustrated with the progress of negotiations with countries like Japan and the European Union.
Trump justified sending the letters as a more practical and faster approach in light of the obstacles of formal negotiations, which often take years to conclude.
We will continue to follow! 🗞️
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