Trump waives new Russia tariffs as October 18 oil deadline arrives

macro

Trump waived the threatened new tariffs on Russia as the October 18 oil deadline passed, leaving the trade response unresolved. The move reduces the immediate risk of tariff-driven escalation but does not remove uncertainty over Russia-related policy or energy markets. For Bitcoin, the near-term implications are indirect: oil-price and geopolitical shifts could influence inflation expectations and broader risk sentiment.

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