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The U.S. President announced he's postponing the tariffs initially scheduled for February 1st, following discussions with NATO partners about potential future agreements involving Greenland.
Why this matters: Tariff uncertainty has been a major sentiment driver in financial markets. When trade barriers get delayed or negotiated, it typically eases inflation concerns and strengthens risk appetite. For crypto investors, reduced tariff pressure usually translates to better macro conditions—less USD strength volatility and improved market confidence.
The geopolitical angle here (NATO talks, trade negotiations) suggests a preference for dialogue over immediate trade action, which generally signals a less aggressive short-term stance on protectionism. Markets typically respond positively to postponements of trade restrictions, as they buy time for clearer policy direction.