📢 The US-China trade war is heating up again. The Donald administration is looking to reconnect with President Xi Jinping via a “high-level” phone call – to save the trade deal from falling apart.
📌 Current situation:
• Trump has not restored the 145% tax rate, but left open the possibility if China continues to "evade the law".
• The upcoming phone call is seen as a “necessary step” following recent tensions in Geneva.
• White House officials say they have prepared a number of measures that “do not require congressional approval” – including export controls on Chinese products.
🔥 More notably, this morning on Truth Social, Trump declared emphatically:
“China has completely violated our agreement.”
⚠️ The tough language, along with the preparatory actions of the US Department of Commerce, shows that the Trump administration is not afraid to "fight a new round" if Beijing does not make concessions.
💬 For traders, the question is not just “will there be re-taxation?” but:
👉 What next macro shock will this trade tension bring?
📍We’ve seen it before: trade wars affect the price of the USD, commodities, and even crypto. History may not repeat itself, but traders should take note.
🎯 In a world where tweets can blow up markets – keeping a close eye on political developments is more important than ever.
👇 Do you think the 145% tax will come back? And if so – which assets will be affected first? Comment and share your views!
#DolugCrypto #TradeWar2025 #TrumpVsChina #macroeconomic
