{"id":65675,"date":"2025-07-14T19:39:16","date_gmt":"2025-07-14T19:39:16","guid":{"rendered":"https:\/\/www.europesays.com\/us\/65675\/"},"modified":"2025-07-14T19:39:16","modified_gmt":"2025-07-14T19:39:16","slug":"trump-threatens-up-to-100-tariffs-on-russia-markets-tumble","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/65675\/","title":{"rendered":"Trump threatens up to 100% tariffs on Russia, markets tumble"},"content":{"rendered":"\n

Trump threatens up to 100% tariffs on Russia, markets tumble<\/a> originally appeared on TheStreet<\/a>.<\/p>\n

President Donald Trump has threatened to impose “very severe tariffs” of up to 100% on Russia if there is no peace deal within 50 days.<\/p>\n

Trump said he is “very unhappy” with Russia over the war in Ukraine.<\/p>\n

The crypto market, which has been rallying to new heights over the last few days, immediately recoiled as the president again deployed his usual tariff rhetoric to negotiate global geopolitical tensions.<\/p>\n

Join the discussion with Benjamin Cowen on Roundtable here.<\/a><\/strong><\/p>\n

Bitcoin<\/a>, which hit an all-time high (ATH) of\u00a0$123,091.61 on July 14,\u00a0tumbled 1.08% in an hour to trade at\u00a0$119,703.83 at press time.<\/p>\n

Ethereum<\/a> also fell to $3,009.73, declining\u00a00.74% in an hour. XRP<\/a> also dipped by 1.8% to trade at $2.92.<\/p>\n

Both BNB<\/a> and SOL<\/a> fell 0.8% in an hour, trading at\u00a0$691.63 and $163.62 respectively.<\/p>\n

Dogecoin<\/a> dipped to $0.1989, a decline of 0.37% in an hour.<\/p>\n

The crypto market cap stood at $3.76 trillion at the time of writing.<\/p>\n

When Bitcoin\u00a0surpassed the $112,000 price mark on July 9, Trump\u00a0hailed<\/a> the crypto market for hitting “through the roof” and\u00a0credited his tariff policy for the market uptick.<\/p>\n

However, the cause and effect\u00a0that Trump tried to establish\u00a0between his tariff policy and the markets is far from the truth.<\/p>\n

When the president first announced “reciprocal tariffs,” the crypto market cap declined from $2.74 trillion on Apr. 2 to $2.42 trillion on Apr. 8. When he\u00a0froze tariff hikes<\/a> on all except China on Apr. 9, the market began recovering and reached $2.71 trillion on Apr. 12.<\/p>\n

The crypto market further consolidated its gains, and its market cap\u00a0reached as high as $3.52 trillion on May 22.<\/p>\n

However, Trump is often known to retreat<\/a> from his rhetorical threats, and the crypto market will hope for him to do so in order to recover from the latest shock.<\/p>\n","protected":false},"excerpt":{"rendered":"Trump threatens up to 100% tariffs on Russia, markets tumble originally appeared on TheStreet. President Donald Trump has…\n","protected":false},"author":3,"featured_media":65676,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[64,69,7061,135,46648,257,36779,67,132,68],"class_list":{"0":"post-65675","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-donald-trump","10":"tag-market-cap","11":"tag-markets","12":"tag-roundtable-network","13":"tag-russia","14":"tag-tariff-policy","15":"tag-united-states","16":"tag-unitedstates","17":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114853286204428635","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/65675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=65675"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/65675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/65676"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=65675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=65675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=65675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}