Trump's Tariff Strategy: Impact on Global Trade and the Cryptocurrency Market

On July 12, 2025, President Donald Trump officially announced a series of new tariffs targeting 24 countries along with the entire European Union (EU). This move marks an important shift in America's trade policy, clearly reflecting the trend of economic protectionism and the rebalancing of global trade that Trump had pursued during his previous term. Details of the New Tax Policy of President Trump According to a statement from the White House and confirmation from CBS News, the tariff policy is divided into 4 phases, taking place from July 7 to July 12, 2025. The tax rates range from 20% to 50%, depending on the country and type of goods. Major trading partners such as Japan, South Korea, and especially the European Union are all on the list of those affected. One notable point is that retaliatory tax measures from the countries being taxed will be postponed until August 1, in order to create room for negotiations or adjustments in the short term. However, Mr. Trump’s imposition of tax conditions on all 24 countries and 27 EU members demonstrates the level of determination in this trade policy. Impact on Financial and Cryptocurrency Markets As of July 13, the response from financial markets remains relatively cautious, with no significant fluctuations in the main indices. Notably, the cryptocurrency market, especially Bitcoin, continues to maintain its upward momentum. According to data from CoinMarketCap, the price of Bitcoin (BTC) is currently at 117,782.13 USD, up 4.45% in the past 24 hours, with a market capitalization reaching 2.34 trillion USD. Although trading volume has decreased by up to 41%, Bitcoin still demonstrates a dominant position in the crypto market and is viewed as a "safe-haven asset" amid global economic instability. From the Lessons of 2018-2020 to the Context of 2025: Bitcoin as a Macro Hedge During the period of 2018-2020, under the Trump administration, a series of tariff policies similarly caused waves of instability in the global supply chain. However, it was in this context that the value of Bitcoin significantly increased, as investors turned to crypto as a hedge against geopolitical tensions. This history is repeating itself in part in 2025. Many experts believe that Bitcoin may continue to serve as a macroeconomic hedge, especially as confrontational trade policies continue to rise. Long-Term Impact: Trade Management and Technological Innovation According to an analysis from Coincu Research, the new tax measures from America may lead to tighter regulations on international trade, forcing companies and governments to adjust their compliance and cooperation strategies. This will not only affect the flow of goods but also open up opportunities for innovation in digital payment systems and global trade technology. The increase in the use of blockchain, smart contracts, and decentralized payment systems could be the next step in the adaptation and restructuring of international trade. Conclusion President Trump’s decision to restart large-scale tariffs is not only a strategic move in foreign policy but also a warning about a new trade order that is gradually taking shape. In this context, Bitcoin and the cryptocurrency market once again emerge as a hedge and alternative investment channel, especially as traditional economies face widespread volatility. The road ahead may be full of challenges, but it is also an opportunity for countries and investors to quickly adapt, leverage new technology, and redistribute value in a post-globalization world.

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