- European Union extends suspension of countermeasures on U.S. tariffs until August.
- Focus remains on negotiated resolution with the United States.
- No immediate cryptocurrency market effects noted from this policy announcement.
European Commission President Ursula von der Leyen announced that the suspension of countermeasures against U.S. tariffs will continue until early August. The suspension aims at encouraging negotiations with the United States, although no immediate effects on cryptocurrency markets have been reported.
Ursula von der Leyen highlighted the European Union’s preference for resolving tariff disputes through negotiation with the United States. The extension of the suspension period reflects a strategic effort to open dialogue channels and find a diplomatic solution.
EU’s Strategic Extension in Tariff Negotiations
According to CoinMarketCap, Ethereum (ETH) currently trades at $3,017.35, with a 24-hour trading volume of $17.97 billion. The asset has experienced a 2.08% price increase over the last 24 hours and boasts a market cap of $364.24 billion, as of July 14, 2025.
Traditional markets are more likely to experience effects from this policy than cryptocurrencies. Current indications suggest that crypto markets remain stable, with no direct changes observed in token behavior, according to recent data.
“We prefer a solution through negotiations with the United States, and our position has not changed. The suspension period for countermeasures will be extended to early August.” — Ursula von der Leyen, President, European Commission.
Economic Impacts and Crypto Market Stability
Did you know? The U.S.-EU tariff conflicts, such as those over steel and aluminum in the past, have intermittently impacted global markets, though not cryptocurrencies directly—showing the importance of monitoring broader economic tensions.
Coincu’s research team notes that while the immediate crypto market remains unaffected, geopolitical tensions could lead to broader long-term repercussions. Monitoring macroeconomic factors is essential for anticipating future market shifts.
Von der Leyen’s repeated statements underscore the EU’s commitment to finding a peaceful resolution.
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Source: https://coincu.com/348516-eu-tariff-suspension-negotiation/