🚨 Trump Slaps 25% Tariffs on Japan, South Korea & Malaysia
The U.S. has officially imposed 25% tariffs on key imports from Japan, South Korea, and Malaysia, effective August 1. Treasury notices will be sent by July 9, with exemptions possible via trade deals.
Markets reacted sharply—stocks dipped, while the U.S. dollar jumped 1.1%, gaining strength against major currencies.
For crypto, the impact is twofold: dollar strength may cool inflows short-term, but rising uncertainty could boost Bitcoin’s appeal as a decentralized hedge.
Expect continued volatility across macro and crypto markets as the August 1 deadline nears.
