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#TrumpTariffs Hong Kong/Washington CNN — US President Donald Trump has signaled a potential U-turn on his trade war with China amid continued market volatility, saying the high tariffs on Chinese goods will “come down substantially, but it won’t be zero.” Trump’s remarks, made at a White House news event Tuesday, appear to mark a rhetorical climbdown after weeks of tough posturing and tit-for-tat retaliation that sent tariffs on China beyond a staggering 145%.

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$BTC ThBitcoin price could see a massive upward move and enter price discovery if a bullish chart pattern known as a descending broadening triangle is confirmed, according to a crypto trader. “#Bitcoin is moving within a Descending Broadening Triangle,” crypto Post Trader Tardigrade explained in an Aug. 12 post on the X social media platform. The analyst was referring to Bitcoin’s year-to-date price action on a two-week chart timeframe, which had formed a descending broadening wedge.

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Here are some potential notes on sharing your thoughts on trade in finance: *Key Points to Consider:* 1. *Market Trends*: Share your analysis of current market trends and how they may impact trade. 2. *Risk Management*: Discuss strategies for managing risk in trading, such as diversification and hedging. 3. *Asset Classes*: Explore different asset classes, like stocks, bonds, and commodities, and their role in trade. 4. *Global Economy*: Consider the impact of global economic conditions on trade and financial markets. 5. *Personal Experience*: Share your personal experiences and insights from trading, including successes and challenges. *Thoughts to Share:* - The importance of staying informed about market news and trends - The role of technical analysis in identifying trading opportunities - The need for discipline and patience in trading - The potential benefits of diversifying your portfolio - The impact of economic indicators on trade and financial markets *Questions to Ask:* - What are your thoughts on the current state of the market? - How do you approach risk management in your trading? - What asset classes do you find most interesting or profitable? - How do you stay informed about global economic conditions? Feel free to add or modify these notes to fit your specific thoughts and experiences!

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#USChinaTradeTalks The US-China trade talks have shown promise in easing tensions between the two nations. Recently, both countries agreed to modify their tariffs, with the US suspending 24 percentage points of its 34% tariff on Chinese goods for 90 days, while China reciprocated with similar measures. This development could foster better business relations, as reduced tariffs may increase trade volumes and boost economic cooperation. *Key Developments:* - *Tariff Reductions*: US reduces tariffs from 34% to 10% on Chinese goods for 90 days - *Mutual Agreement*: China reciprocates with similar tariff reductions on US goods - *Future Talks*: Both nations plan to continue discussions on economic and trade relations While progress has been made, challenges persist. The US seeks fair trade agreements, while China aims to protect its interests. Ongoing dialogue between the two nations, led by officials like Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer, will be crucial in shaping the future of US-China trade relations ¹ ².

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