NEW
steel tariffs Flash News List | Blockchain.News
Flash News List

List of Flash News about steel tariffs

Time Details
2025-05-30
22:14
White House Doubles Steel Tariffs to 50%: Immediate Impact on Crypto and Global Markets

According to The Kobeissi Letter, the White House will increase tariffs on steel imports from 25% to 50% starting next week (source: The Kobeissi Letter on Twitter, May 30, 2025). This move is expected to heighten global trade tensions and could trigger increased market volatility. Crypto traders should monitor for potential capital flows from traditional assets to cryptocurrencies as investors seek hedges against uncertainty. The rapid policy shift may also impact large-cap coins like Bitcoin and Ethereum, as risk sentiment shifts in response to escalating US-China trade friction.

Source
2025-05-30
22:14
White House Doubles Steel Tariffs to 50%: Crypto Market Braces for Volatility

According to The Kobeissi Letter, the White House has announced that tariffs on steel imports will increase from 25% to 50% starting next week (source: The Kobeissi Letter on Twitter, May 30, 2025). This sharp escalation in trade policy is expected to heighten market volatility, with potential spillover effects on the cryptocurrency market as investors may seek alternative assets amid rising uncertainty. Traders should monitor Bitcoin and Ethereum price movements closely, as increased tariffs often lead to risk-off sentiment in traditional markets, driving capital flows into digital assets. This development could also impact blockchain supply chain projects directly linked to global trade.

Source
2025-03-18
14:15
Impact of Trump's Steel Tariffs on American Industry Revival

According to @PhilipKBell for @PittsburghPG, one of President Donald Trump’s most impactful moves during his first term was applying 25% tariffs on nearly all steel imports, which led to a revival in the American steel industry.

Source