Tariff Truce Extended - Markets React
In a surprise move, President Trump signed an executive order to extend the pause on U.S. tariffs against China for 90 more days, preventing steep tariff hikes from kicking in.
The pause preserves current rates: roughly 30% on Chinese imports and about 10% on U.S. goods entering China-avoiding a potential trade war escalation.
This signals easing trade tensions and buys more time for long-term negotiations-both sides express cautious optimism about progress.
Bitcoin Market Breathes Easier
Markets responded quickly-Bitcoin price bounced upward following the announcement, sparking bullish sentiment.
Crypto analysts suggest this relief boost could be short-lived without confirmation of deeper macro improvements or Fed rate signals.
What This Means
Trump’s tariff extension calmed jittery markets, giving BTC a moment to rebound-and it highlights how macro-political moves can ripple into crypto in real time.
