#TradeWarEases The recent easing of the U.S.–China trade war has significantly impacted global markets. On May 12, 2025, both nations agreed to reduce tariffs for 90 days: the U.S. lowered tariffs on Chinese goods from 145% to 30%, and China reduced its tariffs on U.S. goods from 125% to 10% . This development led to a substantial rally in U.S. stock markets, with the Dow Jones Industrial Average surging by over 1,100 points, and the S&P 500 and Nasdaq experiencing their largest single-day gains since April 9 .

In the cryptocurrency market, this positive shift in trade relations has bolstered investor sentiment. Retail traders, particularly in South Korea, have shown increased interest in altcoins like XRP and Dogecoin, surpassing Bitcoin and Ethereum in trading volumes on local exchanges . This surge is attributed to the improved geopolitical climate and expectations of potential rate cuts.

While this 90-day truce offers a temporary reprieve, underlying issues remain unresolved. Analysts caution that without a comprehensive agreement, tariffs could be reinstated, potentially reversing recent market gains . Businesses and investors are advised to stay informed