After talks last weekend, the US and China agreed to suspend further tariffs for 90 days.
US reduces import tax from 145% → 30%
China reduced from 125% → 10%
The two sides have reduced their total reciprocal taxes by 115%, opening up opportunities to "cool down" trade tensions and bringing many benefits to the cryptocurrency market:
Investor sentiment improves – Tensions cool down, money flows back to risky assets like crypto.
Interest rate pressure decreases – USD cools down, creating momentum for BTC and altcoins to increase in price.
Promoting Global Integration – Crypto benefits from the trend of openness and decentralization.
Easing Policy Expectations – More Favorable Macro Environment for Digital Assets to Grow.
➡️ Summary: This is a positive push that could help the crypto market break out in the short term.
#crypto #tax