Bitcoin surged overnight to $83,500 after Donald Trump suspended additional tariffs for 90 days (for all countries except China). 🚀
In contrast, tariffs on China were raised to 125% in response to China increasing its own tariffs by 84%—a counter to the U.S. raising tariffs to 104%. 😁
In short, China now faces a 125% rate, while the rest of the world, including the EU, will have only the base tariff rate of 10% during the 90-day period. 🔥