The estimated refund is somewhere between $168 billion and $182 billion on tariffs collected over the last 12 months. However, there is still a concern about the recent tariffs that US President Donald Trump has announced. The crypto market may record higher volatility if they are combined with the ongoing
The US tariff incident pertains to the national Supreme Court striking down tariffs imposed by Donald Trump. The verdict has now yielded reactions from different sectors, including the crypto market. It becomes important to notice reactions to the verdict because uncertainty about Trump’s next move still looms. And, there is
The US has lowered its tariffs on Indonesia. This is in line with other countries, which now have a lower rate on their exports to the US. Thereby signaling a possibility that the Trump Administration might be softening its stance when it comes to imposing high tariffs. For the crypto
The Federal Reserve Bank of New York, or NY Fed, has published a report establishing a connection between tariffs and inflation. It underlines that prices have risen, with consumers taking the maximum hit. This comes a day before the inflation data report and at a time when crypto prices are
Stephen Miran, the Federal Reserve Governor, has stated that a weaker dollar is not an issue for the central bank – further adding that Trump’s tariff policies have affected foreigners & not Americans. Miran’s statements come at a time when crypto prices have shown stagnation over 24 hours. More dips
US President Donald Trump has said that he would raise tariffs on South Korea. He has alleged that the Lee Jae Myung-led side didn’t enact a deal reached earlier last year. This has triggered anticipation around the rising international trade tensions, which are indirectly hitting the global crypto market. Adding
US President Donald Trump has said that he would neither apply force to acquire Greenland nor will he impose tariffs on 8 European nations. This is in contrast to what he said earlier. The crypto market has sighed relief by noting a slight recovery in every possible manner. US markets
US President Donald Trump has now threatened to impose tariffs on French wines and champagnes. This adds to the list of tariffs imposed by Trump in the last couple of days, adding uncertainty to international trade. Meanwhile, the crypto market has started losing momentum after staying mostly the same for
US President Donald Trump has introduced a new tariff rate of 25%. Effective immediately, it comes days after he green-signaled a bipartisan sanctions bill. It remains to be seen if the move affects the global crypto market as investors stay on the lookout for volatility. US President Donald Trump and
The crypto market worldwide remains volatile following an extension in the US court’s verdict on tariff’s legality and announcement of unemployment data. Top tokens, like BTC & ETH, have lost their value over the past 24 hours. It now remains to be seen if the US Federal Reserve cuts rates
