Europe is making ready for an additional spherical of U.S. commerce negotiations, with tariffs looming just like the sword of Damocles. Every little thing is chopping, together with BTC USD.
Whereas diplomats discuss store, BTC ▲0.16% is pulling capital from hedge funds and pension desks alike however the value motion continues to be muddied. Right here’s what’s happening with the EU and its international affect:
EU Prepares for Robust Talks as Trump’s Tariff Threats Loom
This week, European Fee President Ursula von der Leyen prolonged an olive department, declaring the EU ready for a commerce pact with the US. “All options remain on the table,” she mentioned in a NATO assembly within the Hague.
The stakes are monumental, with President Trump threatening toslap 50% tariffs on EU items, a transfer that would cripple industries like automotive and metal. Germany, already bearing the brunt of current tariffs as much as 25%, feels the strain acutely.
Belgian Prime Minister Bart De Wever distilled the sentiment, urging, “We must avoid tariffs at all costs.”
In case you forgot:
President Trump’s 90-day tariff pause now solely has 13 days remaining.
This implies with none new commerce offers, on July ninth, tariff charges will rise as follows:
1. Nation-specific “reciprocal tariffs” return
2. Tariffs of as much as 50% on EU imports
3. 30%…— The Kobeissi Letter (@KobeissiLetter) June 26, 2025
The European automobile trade is especially susceptible, with EU commerce negotiator Maroš Šefčovič warning, “The car industry of Europe is clearly bleeding. Tariffs at this level are unsustainable.”
Whereas the bloc considers retaliatory measures value $95 billion ought to talks fail, von der Leyen proposed a broader imaginative and prescient of “redesigning” international commerce guidelines, aiming for extra balanced guidelines.
BTC USD Energy Amid Institutional Shift and Geopolitical Tensions
Behind the noise of commerce talks, Bitcoin is quietly shifting palms. Wallets holding 1,000+ BTC have added 507,700 BTC over the previous yr, practically 1,460 per day, in line with CryptoQuant.
With each day issuance now ~450 BTC post-halving, establishments are absorbing greater than retail is shedding, setting the stage for a provide squeeze.
Furthermore, after transient turbulence from U.S.-Iran tensions, BTC bounced again to $107K. “This isn’t just crypto,” mentioned analyst James Toledano. “It’s the weak dollar, falling oil, and rate cut bets driving the rebound.”
The EU’s battle with commerce limitations exposes deep vulnerabilities inside its core industries, however Bitcoin’s regular efficiency in turbulent instances tells a unique story.
This widening hole between faltering old-world methods and ascendant digital options speaks volumes about the place the meta is trending.
EXPLORE: Tether CEO Paolo Ardoino Hopes For Web Constructive From US Elections, Says Bitcoin Strategic Reserve Is A Nice Concept: 99Bitcoins Unique
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Key Takeaways
- With tariffs looming just like the sword of Damocles. Every little thing is chopping, together with BTC USD.
- Behind the noise of commerce talks, Bitcoin is quietly shifting palms.
The submit EU Trade Deal Looms Over Trump Tariff War: What’s Next for BTC USD? appeared first on 99Bitcoins.
