#TradeWarEases
🇺🇸 Donald Trump: a new era in trade with China
The former U.S. President made a statement on key issues of global trade and manufacturing policy:
✅ Trade with China: reboot
"We have achieved a complete reset of relations with the PRC"
Tariff reductions will not affect cars, steel, aluminum, or pharmaceuticals
"China has agreed to open its market to the U.S."
Non-tariff barriers will be eliminated
📞 A new contact with Xi Jinping may be possible by the end of the week
🏭 Manufacturing and pharmaceuticals
"I spoke with Tim Cook: Apple will start actively producing in the U.S."
"Prices for medicines will drop by 90% — we will no longer allow pharmaceutical companies to profit excessively"
🌍 EU – new target
"The EU is worse than China. Europe must pay more for healthcare"
Without a deal, tariffs on China could rise again to 145%
📉 Conclusion for crypto investors:
Return to an aggressive U.S. trade policy
Negotiations with China affect the dollar exchange rate and risk appetite
Possible strengthening of cryptocurrency as a hedge instrument during trade conflicts.