Has the ATH Fuel Finally Arrived?
According to the statement, China has reduced tariffs on U.S. goods from 125% to 10%, while the U.S. has lowered tariffs on Chinese goods from 145% to 30%.
These reductions will be in effect for 90 days.
Additionally, both sides have agreed to establish a new economic and trade consultation mechanism.
These developments are seen as a positive signal not only for the two nations involved but also for the global economy as a whole.
However, many experts view this more as a temporary truce. The next 90 days will be crucial for achieving a lasting solution and building mutual trust.
In the crypto market, we may see signs of relief and continued upward momentum following this announcement.
Do you think the market will go up?