Trump Proposes Tariffs of 15-20% on Trading Partners

President Trump announced plans for new tariffs of 15% to 20% on most trading partners during an NBC interview on July 10, 2025.

The new tariffs may affect global trade dynamics. Despite concerns about stock market and inflation impacts, Trump noted that markets reached new heights following the announcement.

Trump Targets Trade Imbalances with 15-20% Tariffs

President Trump announced his intention to impose blanket tariffs of 15% or 20% on most U.S. trading partners. This move was communicated during an NBC interview, where Trump emphasized solving trade imbalance issues.

The new tariffs are intended to address economic concerns but have sparked diverse reactions. While the policy aims to protect domestic markets, other countries are likely to respond with reciprocal measures, altering trade relationships.

We’ll solve this problem now. I think these tariffs are welcomed. The stock market hit a new high today. — Donald Trump, U.S. President

Crypto Markets Watchful Amid Tariff-Induced Economic Uncertainty

Did you know? In 2018-19, U.S.-China tariffs led to increased demand for Bitcoin and stablecoins due to global trade tensions.

The Bitcoin (BTC) market currently displays strengths with a 4.17% 24-hour price increase, trading at $115,597.17. Its market cap stands at $2.30 trillion, reflecting price surges over the past 90 days, attributed to rising global economic uncertainties (source: CoinMarketCap).

Insights from the Coincu research team suggest that while the immediate effects on cryptocurrency markets remain unclear, similar past scenarios with the U.S.-China trade tensions have sometimes catalyzed crypto adoption as a hedge against traditional asset instability. Key industry figures emphasize monitoring any regulatory updates affecting digital assets.