A competent authority has given good news regarding U.S. customs taxes that negatively affect cryptocurrencies!

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The White House is reconsidering its approach to the customs duties that will come into effect on April 2, preferring to focus on reciprocal tariffs targeting specific countries rather than implementing industry-wide tariffs initially planned for sectors such as automobiles, pharmaceuticals, and semiconductors.

U.S. President Donald Trump characterized April 2 as “Liberation Day” for the U.S., emphasizing the commitment to implement reciprocal tariffs designed to align U.S. taxes with those imposed by key trading partners. However, a government official confirmed that sector-specific tariffs are unlikely to be announced that day, with the main focus being on reciprocal tariff measures. The strategy shift was first reported by Bloomberg.

Initially, the fate of the tariffs imposed on Canada and Mexico, justified by the government due to concerns over fentanyl trafficking, remains uncertain. The White House has not commented on whether or when these tariffs will be applied.

According to sources knowledgeable about planning, the administration is adopting a more selective approach than previously anticipated. It is expected that reciprocal tariffs will target countries that have ongoing trade imbalances with the U.S. and are referred to as the “dirty 15,” which includes a 15% rate. Treasury Secretary Scott Bessent recently stated that these countries make up a significant portion of U.S. foreign trade and are likely to face the most tariff increases.

Although the administration has not officially identified the targeted countries, the U.S. Trade Representative’s announcement in last month’s Federal Register pointed to countries such as Australia, Brazil, Canada, China, the European Union, India, Japan, South Korea, Mexico, Russia, and Vietnam, which have significant trade imbalances.

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