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Cryptocurrencies have been under pressure for a full 95 days due to fluctuations in the BTC price. As altcoin investors face new lows, Trump’s tariffs will come into effect on April 2. Time is running out, and Trump’s recent statements indirectly concern cryptocurrencies.
Latest Developments in Cryptocurrency
While this article was being prepared, Donald Trump made significant announcements. He suggested that April 2 would be a day of salvation, previously stating that tariffs would not be flexible. However, in his ongoing remarks today, he mentioned that there would be mutual flexibility regarding tariffs.
“There will be flexibility in tariffs. Fundamentally, it’s mutual. We cannot expect to shoulder Canada. If you grant a tariff exemption for one, you must do it for all.
Many people want exemptions from customs duties. April 2 will be the day of salvation.
China and I can discuss customs tariffs.
I hope we will have an agreement with Ukraine and Russia. When the U.S. gets involved, Putin gets nervous. NATO is strong and solid; they must treat the U.S. fairly.
The F-47 will be built during my administration. The Air Force will sign a jet contract with Boeing. The U.S. Air Force is advancing with the sixth-generation fighter jet.”
According to informed sources, France wants to keep the anti-coercion tool ready to be used against the U.S. in response to countries employing coercive trade and economic measures.
Trump’s suggestion of tariff flexibility is viewed positively, which is why the EU had postponed retaliatory measures; however, Trump insists that this will happen under mutual sacrifices. As cryptocurrencies have already priced in the worst, this relaxation is beneficial. Another detail is that the U.S. will send two aircraft carriers to the Middle East next month, confirming that a heated agenda may continue.
