U.S. Raises Tariffs to 20%, Impacts Global Trade Talks

Treasury Secretary Benson increases tariffs to 20% amidst changing trade negotiations.

The increase in tariffs may strain investor confidence and elevate uncertainties in global markets, likely affecting risk assets and cryptocurrencies.

U.S. Tariff Increase Sparks Global Trade Adjustments

Treasury Secretary Scott Benson announced a tariff increase to 20% amid ongoing trade negotiations. Many international partners reportedly adjusted their stances during talks with the U.S.

Tariff adjustments are poised to exert pressure on global trade partners, potentially leading to tense market responses. The immediate economic implications underscore increased operational costs and a reevaluation of international trade strategies.

“For stablecoins and other digital assets to thrive globally, the world needs American leadership. The Senate missed an opportunity to provide that leadership today by failing to advance the GENIUS Act.” —Scott Benson, U.S. Treasury Secretary [source]

Crypto Markets Brace for Volatility Amid New Tariff Policy

Did you know? Historically, trade tensions like the 2025 Geneva talks relief rally can lead to volatility, similar to current conditions with the U.S. tariff rise.

Bitcoin (BTC) currently trades at $108,499.71, with a market cap of $2.16 trillion, according to CoinMarketCap (as of July 7, 2025). Recent data indicates a 36.28% increase over 90 days, while 24-hour trading volume saw a 37.26% change.

The Coincu research team anticipates heightened financial pressure from the tariff hike, potentially driving risk-off sentiments in global markets. Regulatory shifts may exacerbate volatile conditions amidst technological developments in the crypto landscape.