#TradeWarEases #TradeWarEases

🇺🇸 Donald Trump: a new era in trade with China

The former US president made a statement on key issues in global trade and manufacturing policy:

✅ Trade with China: reboot

"We have achieved a complete reboot of relations with the PRC"

Tariff reductions will not affect cars, steel, aluminum, or pharmaceuticals

"China has agreed to open its market to the US"

Non-tariff barriers will be removed

📞 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 manufacturing in the US"

"Drug prices will drop by 90% — we will no longer allow pharmaceutical companies to profit excessively"

🌍 EU – a 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 US trade policy

Negotiations with China affect the dollar exchange rate and risk appetite

Possible strengthening of crypto as a hedge instrument amid trade conflicts