The U.S. is rolling back 91% of tariffs on Chinese goods effective May 14, signifying a pivotal change in trade policies. This decision impacts cross-border trade, logistics, and e-commerce sectors.
President Trump emphasized a 30% tariff as a "floor," with a reassessment scheduled in 90 days. Immediate market responses indicate cautious optimism amid potential adjustments.
Analysts are monitoring implications for technology and cryptocurrency markets, noting that Ethereum's recent price actions reflect investor sentiment amidst these regulatory shifts.
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