- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
UK and US Finalize Trade Deal on Tariffs – Coincu
By: bitcoin ethereum news|2025/05/07 05:00:02
0
Share
The UK and US prepare a trade agreement to adjust tariff quotas. Deal set to shield UK exports from 25% tariffs. Potential digital asset volatility during macroeconomic tensions. UK and US officials are set to finalize a trade agreement easing tariff quotas on UK steel and automotive exports. The deal aims to shield UK exports from tariffs imposed by President Trump. This significant agreement is expected to mitigate the economic impact of recent US tariffs on the UK. Deal to Shield UK Steel and Auto from 25% Tariffs The pending agreement between the UK and US is poised to address tariff quotas on British steel and automobile exports. This action involves senior trade representatives from both nations and aims to protect UK exports from extensive tariffs implemented by the Trump administration. According to the Financial Times, the deal could be signed later this week. Consequently, UK exports of steel and automobiles will be shielded from a hefty 25% tariff. The ongoing negotiations reflect an effort to alleviate import-export pressures between the two significant trade partners. In a move towards diplomacy, the UK has offered concessions on digital services taxes and tariffs related to US products such as automotive and agricultural goods. Reactions from market observers suggest a cautiously optimistic outlook on the deal’s potential benefits. President Trump had commented on the importance of addressing trade deficits, previously stating in a White House memorandum, “Large and persistent annual U.S. goods trade deficits have led to the hollowing out of our manufacturing base... These conditions have given rise to the national emergency that this order is intended to abate and resolve.” Industries reliant on UK steel and automotive imports anticipate relief from this measure. Crypto Market Insights Amid Trade Deal Discussions Did you know? As trade disputes often trigger financial volatility , the crypto market saw increased BTC trading volumes during past US-China tensions. Ethereum (ETH), currently priced at $1,774.05, faces market challenges as it decreased 2.34% over the last 24 hours and 35.22% over the past 90 days. Ethereum’s market cap is at 214.19 billion, accounting for 7.31% market dominance. The data from CoinMarketCap highlights a trading volume of approximately 11.13 billion in the last 24 hours. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 18:18 UTC on May 6, 2025. Source: CoinMarketCap Insights from Coincu’s research team underline how trading policies can indirectly affect various market segments, including cryptocurrencies, due to investors seeking stable assets as hedges. Furthermore, historical trends indicate potential shifts in market sentiments during such trade negotiations . Source: https://coincu.com/336018-uk-us-trade-deal-tariffs/
You may also like
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply
Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.
Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."
$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.
Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?
Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years
Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.
Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?
Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
App