$ETH

Upon waking up, the financial markets are in turmoil! The US stock market and the cryptocurrency sector have surged significantly, and all of this surprisingly stems from Trump's three major concessions made at 00:00, 01:00, and 05:00.

US Treasury Secretary Mnuchin was the first to speak out, frankly stating that the trade war with China is unsustainable, and the situation is about to ease.

Immediately afterward, Trump himself stated: "A 145% tariff is too high; tariffs on China will be significantly reduced, China will be satisfied, and the US and China will work together for good cooperation." Moreover, although Trump is unhappy with the pace of the Fed's interest rate cuts, he has clearly no intention of firing Powell.