Trump prepares new tariffs on dozens of countries as trade pause expires this week
Crypto Briefing 2026-07-21 13:46:09
Context: US President Trump is set to impose new tariffs on dozens of countries as a temporary 10% global tariff is set to expire on July 24. The move is expected to have significant implications for global trade. The new tariffs are being prepared as the trade pause comes to an end.
Key Facts
- The temporary 10% global tariff is set to expire on July 24, after which new tariffs on dozens of countries are expected to be imposed by the Trump administration.
- The new tariffs are being prepared by President Trump as a follow-up to the expiring temporary tariff, which had been in place at a 10% rate.
- The imposition of new tariffs is likely to have significant implications for the cryptocurrency market, as reported by Crypto Briefing.