- Tariff suspension by Trump excludes China from April 2025 to July 2025.
- Broad economic implications with no direct crypto asset impact yet.
- Main focus remains on renegotiating trade deals, particularly with China.
Donald Trump has announced a 90-day suspension of most U.S. reciprocal tariffs, excluding China, effective April 10, 2025.
The policy shift primarily aims to renegotiate trade deals, affecting supply chains but not directly impacting cryptocurrencies.
Trump’s Tariff Suspension Sparks Supply Chain Adjustments
Donald Trump announced a 90-day suspension on U.S. reciprocal tariffs starting April 10, 2025. This policy excludes China and aligns with previous strategies used during his administration to renegotiate international trade agreements. U.S. Customs and Border Protection confirmed the suspension’s execution, marking a temporary shift in trade policy.
“Headings 9903.01.43-9903.01.62 and 9903.01.64-9903.01.76 are hereby suspended, and subdivisions (v)(xiii)(i)-(ix) and (xi)-(lvii) of U.S. note 2 to subchapter III of chapter 99 of the HTSUS are hereby suspended for a period of 90 days beginning at 12:01 a.m. on April 10, 2025” — Donald Trump, President of the United States
Immediate implications involve adjustments to supply chains and import costs, although no direct financial incentives or grants are attached to this policy. Despite the halt in tariffs, broad macroeconomic impacts are expected, which could ripple into capital markets, including digital assets.
Market and community reactions remain limited as the focus remains on macroeconomic impacts rather than specific crypto responses. No major statements have been issued by prominent crypto figures regarding this suspension, and regulatory agencies like the SEC or CFTC have not commented officially.
Economic History Offers Clues to Potential Market Effects
In the 2018-2020 U.S.-China trade war, tariff changes led to short-term market volatility. However, the crypto market saw minimal direct impact during such economic strategies.
Past tariff suspensions under Trump’s administration aimed at renegotiating trade agreements, resulting in temporary economic stabilization but did not bring significant changes to the crypto sector. Despite potential market risks, digital assets appeared resilient to such policy shifts previously.
Experts anticipate that the current tariff pause might not directly affect crypto markets. Historical trends from similar economic events often indicate minimal on-chain responses, with the overall sentiment in crypto markets remaining unaffected. Data analysis and historical insights confirm this pattern, suggesting stability in crypto markets amid such macroeconomic changes.
Trump’s crypto policy raises concerns among EU regulators, according to recent publications. Additionally, President Donald Trump’s executive orders have historically focused on the broader implications for digital currencies, with debates continuing on their long-term effects on the market.
Source: https://coincu.com/334281-trump-suspends-tariffs-90-days/