CoinDesk Podcast Network Trump Announces New Tariffs on Japan, South Korea and South Africa | COINDESK DAILY
Jul 8, 2025
Recent tariff hikes announced by the U.S. against Japan, South Korea, and South Africa are examined in detail. The discussion also touches on the potential lowering of interest rates by the Federal Reserve. Additionally, Metaplanet’s strategy to use Bitcoin for acquisitions gains spotlight. Finally, the new stablecoin licensing framework in Hong Kong makes waves, illustrating the rapid evolution in the crypto landscape. It’s an insightful dive into how these global shifts impact cryptocurrency markets.
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Trump Imposes New 40% Tariffs
- President Donald Trump delayed the tariffs deadline to August 1 from July 9 to impose up to 40% tariffs on Japan, South Korea, and South Africa.
- This indicates a shift in trade policy that could impact global markets and affect crypto sentiment.
Fed Rates Could Hit Zero Within 7 Years
- The chance that the Fed funds rate falls to zero within seven years is about 9%, though only 1% in the next two years.
- This shows markets expect elevated rates short-term but acknowledge a significant medium to long-term risk of easing.
Metaplanet Uses Bitcoin for Acquisitions
- Metaplanet increased its Bitcoin holdings to 15,555 BTC and plans to use Bitcoin as collateral for acquisitions.
- The company targets 210,000 Bitcoin by 2027, illustrating corporate adoption of crypto as an asset and financing tool.