U.S and China Trade Truce: U.S. and China Agree to 90-Day Tariff Suspension!
The United States and China have agreed to a 90-day suspension of new tariffs and a significant reduction in existing import duties to 115%. This development aims to alleviate the ongoing trade tensions between the two nations.
It's a potential catalyst for a new bull run. Historically, easing trade tensions have led to increased investor confidence, often spilling over into alternative assets like BTC and ETH.
Noting that a comprehensive trade agreement is still a work in progress, the current momentum cannot be ignored. The next 90 days could be pivotal for the crypto market's trajectory.