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U.S. Treasury Secretary Becerra hinted that trade negotiations could be postponed, the crypto market is experiencing high volatility.
[BitPush] U.S. Treasury Secretary Besant stated that the U.S. is not fixated on the August 1st deadline for trade negotiations, placing more importance on the quality of the agreement, and hinted that negotiations could continue even if an agreement is not reached by the deadline. However, Secretary of Commerce Rutenik emphasized that August 1st is a hard deadline for the imposition of tariffs, and multiple countries, including Brazil and Japan, will face high tariffs at that time. This news reflects the internal divisions within the U.S. government regarding trade strategy, and the market interprets this as uncertainty in the negotiations. U.S. stocks reached new highs in response to the news, but investors remain cautious about trade risks, while the crypto market is experiencing high-level fluctuations.