Big news shaking the global markets today â China and the United States have reportedly reached preliminary consensuses on several key fronts:
⢠Export controls âď¸
⢠The extension of the 90-day tariff truce âł
⢠Adjustments to fentanyl-related tariffs đ
⢠Expansion of bilateral trade đŚ
⢠And reductions in U.S. port fees đ˘
According to Li Chenggang, Chinaâs Vice Minister of Commerce, both sides are moving toward a more âconstructive and pragmaticâ trade relationship â a tone that hasnât been heard in years.
This matters far beyond geopolitics. đ A softer trade stance between the worldâs two largest economies could boost global liquidity, strengthen risk sentiment, and possibly fuel a short-term rally in commodities, equities, and crypto.
Whenever the U.S. and China talk cooperation, markets listen â and Bitcoin usually reacts first. Investors may start pricing in reduced uncertainty and renewed capital flow into risk-on assets.
The big question: is this the start of a lasting thaw, or just another temporary truce before election-year tensions heat up again? Either way, markets love optimism â and right now, thatâs exactly what this news brings.
