According to a warning from U.S. Treasury Secretary Scott Bessent, international trade negotiations may face serious repercussions due to a potential return to high tariffs.
Trade Talks Under Threat
Scott Bessent raised concerns regarding ongoing trade negotiations, highlighting the possibility of reverting tariffs set earlier on April 2. He emphasized that delays in good-faith negotiations might lead to tariffs returning to levels between 11% and 50% initially announced. This creates pressure on participating countries to reassess their trade strategies in line with U.S. economic policies.
Historical Consequences for the Market
On April 2, 2025, the U.S. implemented tariffs ranging from 11% to 50%, leading to significant market fluctuations and reciprocal actions from major trading partners, thereby altering global economic dynamics. Historical precedents indicate the critical need for closely monitoring changes in tariff policies.
Bitcoin's Reaction to Tariff Changes
According to the Coincu research team, the potential reversion of U.S. tariffs could initiate a reassessment of global trade policies. Currently, Bitcoin (BTC) is indicating fluctuations with a price of $109,743.24 and a market cap of $2.18 trillion. Trading volumes reached $57.58 billion, reflecting a 21.59% activity change. This data highlights BTC's financial dynamics amid uncertainty.
The U.S. warning regarding the return of tariffs underscores the complexities within international trade and the possible changes that may impact various sectors of the economy. The market is monitoring the situation and is prepared to respond to fluctuations.
