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Reversal Surprise! Trump Makes Three Concessions in the Early Morning, US Stocks / Crypto Market Soars

Waking up, the financial markets are in a frenzy! US stocks and the crypto market have surged significantly, all stemming 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, stating that the trade war with China is unsustainable and that the situation is about to ease.

Shortly after, Trump himself expressed: "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." Furthermore, although Trump is dissatisfied with the Fed's interest rate cut pace, he has clearly stated he has no intention of firing Powell.

More remarkably, Trump also threw out a "super egg" by announcing that he will unveil a peace plan for Russia and Ukraine within three days.