This Wednesday is key to Bitcoin against Trump’s ultimatum to the world

The Trump administration has intensified its efforts to close international trade agreements, urging the countries involved in negotiations to present their best proposals no later than Wednesday, June 4. This is something that could generate impact on the financial sector, including Bitcoin (BTC) and cryptocurrencies, so the community is attentive to what happens.

A document accessed by the press reveals the urgency of the US administration for closing the negotiation process initiated on April 9, when Trump suspended for 90 days the imposition of new import tariffs after the strong negative reaction of financial markets.

So far, only a partial agreement with the United Kingdom has been reached, while negotiations with countries such as Japan, India, Vietnam and the European Union remain open.

Therefore, The United States asks nations to present their best proposals in key areassuch as quotas and tariffs for American agricultural and industrial products, as well as measures to eliminate non -tariff barriers. It also requests commitments in digital trade, economic security and other specific issues according to each jurisdiction.

In return, the US government He promised to quickly review the initiatives and to present possible consensus pointswhich could include reciprocal tariff rates. This is in order to reach agreements before the extension of the tariffs launched the so -called “day of liberation” that expires on July 8.

Although it has not been specified to which countries the document was sent, it is known that it is aimed at those with which the United States maintains formal relations. However, there is no guarantee that paused rates will be discarded.

“Regardless of the ongoing litigation on the action of reciprocal tariffs in the courts of the United States, the president intends to continue with this program of tariffs covered in other legal authorities if necessary, so it is important that we continue with our conversations on these issues”

Excerpt from the document sent by the Trump administration to multiple countries.

Some voices They have already received with optimism this negotiating impulse. Tiffany Smith, vice president of the National Foreign Council, said that agreements that reduce barriers and provide predictability will benefit from both US and foreign companies.

The tariff policy has been one of the pillars of Trump’s economic agenda, aimed at reducing the commercial deficit and, above all, to protect the national industry. David Sacks, known as the “Tsar of AI and the Cryptocurrencies” of the Government, stressed in this regard that during the pandemic they realized that the country was “dangerously dependent on Chinese supply chains for essential products.”

However, this strategy has also generated uncertainty and volatility in markets, including cryptoactives. In May, Bitcoin reached a new historical maximum by touching the USD $ 112,000after suffering strong falls that led him to be close to the USD 74,000 during the commercial war escalation.

Although the legality of some of these tariffs was questioned, since a federal court determined that Trump had no authority to impose global tariffs, although the government appealed and managed to reverse that decision. As Cryptonoticia reported, an appeal court provisionally suspended the ruling, so the tariffs remain in force while the judicial process continues.

What would happen to Bitcoin?

The deadline established by the Government to present commercial proposals could translate into a significant impact for markets. On the one hand, If negotiations manage to reduce international tension, both actions and bitcoin and cryptoactives could benefit from a more predictable environment.

In addition, in this case, the main digital currency could continue to attract investors seeking refuge in alternative assets instead of trusting Fíat money to materialize long -term projects.

On the other hand, if the proposals do not present or fail and the tariffs enter into force without exceptions, the pressure on the global economies could be intensified, affecting the confidence of the investors and potentially leading to a massive sale of financial assets, including bitcoin and cryptocurrencies.

In any case, Wednesday is presented as a crucial day to observe how macroeconomic events influence market behavior. At the time of writing this article, Bitcoin quote about USD 105,300.