While a new hope was observed in market participants, crypto assets and stocks began to increase in a weekly opening. The White House’s adoption of a soft style about the tariff seems to have created a positive atmosphere in the market.
Stretching in customs tariffs
Initially, the threat of tariff has led to serious decreases in investment instruments, the latest developments suggest that the aggressive trade negotiations of Trump administration can be solved. In practice, it is foreseen that some countries can be exempted in the implementation of tariffs and postponement of additional taxes specific to sectors.
Trump announced a few hours ago for Hyundai, and it is known that negotiations with trade partners for days. If many countries reconcile with the United States, the pressure on the market will be lifted. In the previous statements, the EU said that the US did not take the negotiation seriously, and the latest statements said they had raised retaliation in April. This suggests that the bargaining continues.
Rise in crypto currencies
In particular, the opening of the important stock market indices is positive and shows that a general perception of optimism in the markets is dominant. Bitcoin $87,835.523 %daily, 15 %annually increased daily. These developments seem to have increased the expectations of investors for regulations that can alleviate the impact of controversial parties.
In a note shared from Wolfe Research, Tobin Marcus said, “When the sectors are issued from the package of the package in April, the maximum tax rate in the general scale and targeted sectors is significantly reduced. While the threshold of the mutual tariff in April continues to remain impressive, we expect the influence to be less intense despite a negative market reaction.” He said.
In addition, Trump said that Venezuela will be applied to Venezuela and other countries that provide oil or gas from this country.
While the stock market indices generally watch green, Bitcoin’s current trading price is around $ 88,013. The effects of controversial regulations in the markets continue to be closely monitored.
Apparently, the changing tariff policies and the approach that provides flexibility have prepared the ground for investors to act more cautious but hopeful in an uncertain environment.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
