Bitcoin Price Outlook: $TRUMP Reduces Tariffs After US-China Trade Deal… 💰💰💰
Trump Reduces Tariffs: US and China Sign Trade Agreement
US tariffs on Chinese imports will be significantly lowered following President Donald Trump’s meeting with the Chinese President in South Korea. During a two-hour discussion, the leaders reached a one-year trade agreement covering rare earth mines and critical minerals.
Under this agreement:
🔹 The overall US tariff on Chinese goods drops from 57% to 47%
🔹 Tariffs related to fentanyl are reduced to 10%
Trump described the meeting as remarkable, as China committed to buying US soybeans and reducing fentanyl production. This news boosted investor confidence, leading to a revival in Bitcoin and global markets… ✌️✌️✌️
