**US-China Trade Talks Set to Begin** Will BTC Achieve New ATH With It?
Markets are now shifting their focus to this weekend’s critical talks between US Treasury Secretary Scott Bessent, chief trade negotiator Jamieson Greer, and their Chinese counterparts in Switzerland.
Most notably, China was excluded from the Trump-era tariff pause and now faces US import duties of at least 145%. Beijing has retaliated with its own reciprocal levies of 125%, sparking concerns over escalating trade conflicts between the world’s two largest economies.
Trump hinted on Thursday that the highly anticipated discussions in Geneva on Saturday and Sunday would be substantive, stating that he expects the soaring tariffs to eventually be reduced.
China’s Vice Foreign Minister asserted that the country has full confidence in its ability to address trade issues with the US, adding that the harsh nature of the Trump administration’s tariff agenda is unsustainable. Beijing has previously accused the US of using tariffs as a “coercive” tactic.
If this meeting success, it seem like BTC will achieve new ATH, how do you think?
