BITPRISMIA
President Trump's August 1 tariff deadline announcement, part of his 'America First' trade policy, could impact the broader economic landscape and the crypto market, potentially increasing volatility.
The US announced new trade deals and tariffs, including a 15% tariff on most EU exports and a 50% tariff on steel and aluminum, as part of an 'America First' strategy to revitalize domestic industries and enhance national security.
Malaysia has implemented new export controls requiring advance notification for shipments of U.S.-origin AI chips, aiming to prevent illicit transfers and align with U.S. efforts to restrict China's access to advanced AI technology.