Trump’s New Tariffs on Mexico and EU: Implications for Crypto Markets

President Donald Trump announced tariffs of 30% on Mexico and the European Union, effective August 1, 2025. This decision, made public on July 12, came through Trump’s Truth Social platform.

The tariffs are part of ongoing U.S. trade policy and may result in heightened trade tensions and economic shifts worldwide.

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Donald Trump has issued tariffs on Mexico and the European Union, each facing a 30% increase. The announcement received via Trump’s Truth Social marks another significant move in his administration’s trade policy, escalating tensions with major U.S. trading partners. Mexican and European officials have engaged in discussions with the U.S., aiming to prevent trade disruption. These new tariffs impact trade volumes and cross-border logistics, affecting inflationary pressures in the involved regions.

The international reaction is notable. Mexico’s Foreign Ministry described the tariffs as unfair and continues to negotiate with the U.S., while market reactions vary; increased volatility in traditional and crypto markets is expected, as evidenced by past sanctions and tariffs.

“Mexico has been helping me secure the border, BUT, what Mexico has done, is not enough” — Donald Trump, President, United States.

Tariff History and Potential for Stablecoin Uptick

Did you know? The last major tariff action by Trump (2018–2020) saw increased usage of decentralized stablecoins and heightened BTC demand in affected countries.

For Tether (USDT), CoinMarketCap reports a stable price of $1.00 with a market cap of $159.43 billion and a 24-hour trading volume of $88.20 billion, reflecting a 47.08% decrease. Over the last 90 days, USDT saw a 5.40% price increase.

Coincu research suggests the imposition of new tariffs may lead to increased demand for USD-denominated stablecoins, as market participants seek stability amid rising volatility. Additionally, potential regulatory changes could impact cross-border financial flows, depending on ongoing negotiations and economic responses.