Trump Announces Increase of Global Tariff from 10% to 15%
Former U.S. President Donald Trump posted on social media that, following a comprehensive review of a recent U.S. Supreme Court ruling on tariffs, he will immediately raise the global tariff rate he previously imposed from 10% to 15% on many countries. Trump framed the move as legally vetted and justified by longstanding perceived unfair trade practices against the U.S., saying new lawful tariffs will be identified and implemented in coming months to continue his agenda of making America great again. The announcement is presented as an executive action tied to a court decision and signals a material tightening of U.S. import costs that could affect global trade and markets.
Neutral
Raising global tariffs from 10% to 15% is primarily a macroeconomic and geopolitical development rather than a crypto-specific event. Direct impacts on crypto markets are likely limited and indirect: higher tariffs can slow global trade and economic growth, which may reduce risk-on appetite and briefly weigh on risk assets including crypto (short-term bearish pressure). However, cryptos have also historically benefited from geopolitical or fiscal uncertainty as alternative stores of value, which could counteract negative sentiment (neutral to mixed medium-term). Compared with past trade-policy shocks (e.g., 2018–2019 U.S.–China tariff escalations), equities and commodities saw volatility, while Bitcoin and major altcoins typically experienced heightened correlation with risk assets but no uniform directional move. For traders: expect short-term volatility and correlation with equities; monitor liquidity, macro risk indicators (dollar strength, yields), and on-chain flows. Longer term, unless tariffs trigger a sustained global recession or materially change onshore/offshore capital flows, crypto fundamentals remain driven by adoption, regulation, and liquidity rather than tariffs alone, so the net effect is likely neutral.