🇺🇸🤝🇨🇳 USA – CHINA "SWAPPING HATS"?
🚨 Breaking news this morning: The USA has officially extended the temporary suspension of tariffs on 352 categories of imported goods from China until August 31, 2025!
👉 This means that Chinese goods will continue to enjoy preferential treatment in the US market – a controversial move amidst escalating trade tensions over the past several years.
📦 The items being temporarily suspended are mainly consumer products – things that were heavily taxed during the Trump administration. Is the US now being "softer" towards China?
📈 The US stock market and Crypto responded strongly:
• 💰 BTC rebounded to $106,000
• 💰 ETH surpassed $2,600
• 💹 Nasdaq and S&P 500 all in the green!
📸 [See photo] It seems like Trump is wearing a Chinese conical hat, while Mr. Xi is donning a MAGA hat (Make America Great Again) – could this be a metaphorical image for the "power play" changing roles?
💬 What do you think?
• Is this a wise move or a "tactical retreat" by the US?
• Is the US showing concession or secretly planning for the long term?