Global Update: U.S.–China Trade Truce – Bullish for Risk Assets?
China–US Tariff Truce: A Win for Global Markets — And Crypto?
Post:
The U.S. and China have just agreed on a 90-day tariff rollback — a surprise move that’s cut tariffs from 145% to 30% (U.S. side) and from 125% to 10% (China side).
Impact so far:
• S&P 500 surged 4%
• Nasdaq climbed nearly 30% from YTD lows
• JPMorgan cut U.S. recession odds below 50%
Why this matters for crypto:
• Improved risk sentiment = more capital flowing into altcoins
• Stable global trade means stronger fiat–crypto bridges
• Possible bullish continuation for BTC and SOL
This is short-term bullish — but can it last past 90 days?#TradeWarEases