Joint Statement on China-U.S. Economic and Trade Relations (May 2025)

China and the United States have issued a joint statement following a meeting in Geneva, committing to improve economic and trade relations based on mutual respect.

Main commitments (before 14/5/2025):

🇨🇳 China:

- Suspend 24% additional tariffs on U.S. goods for 90 days, retaining 10%.

- Remove other additional tariffs.

- Eliminate non-tariff barriers on U.S. goods.

🇺🇸 United States:

- Suspend 24% additional tariffs on Chinese goods for 90 days, retaining 10%.

- Add 20% tariff on fentanyl-related goods, totaling 30%.

- Remove other additional tariffs.

Next cooperation mechanisms:

- Establish a regular dialogue mechanism on trade.

- Representatives from both sides will participate in alternating meetings in China, the U.S., or a third country.

Both sides claim victory, but the real benefits belong to the investors and businesses of both countries. The new bulls are the ones who will profit in the long term in the financial markets.#CryptoRoundTableRemarks $XRP $ARB