Trump Issues Three "Reassurances"!

Last night, the market suddenly surged, mainly because the Trump team released three "easing signals":

The first was at midnight, when Trump's core advisor Bessent revealed in a closed-door meeting at JPMorgan that the China-U.S. tense relationship is about to "cool down." As soon as this was said, Chinese concept stocks soared, gold dropped, and the Nasdaq also saw a rise.

The second wave came at 1 AM, when White House spokesperson Levitt stated at a press conference that Trump is paving the way for a China-U.S. trade agreement, and the relationship between the two sides is improving. He also helped Trump criticize the Federal Reserve, saying the president has the right to express dissatisfaction, subtly pointing out the Fed's interference. #加密市场反弹

The most significant was at 5 AM when Trump personally stepped in, announcing a substantial reduction in tariffs on China from 145%. Although it won't be completely eliminated, he assured that China would be satisfied. He also added that he wouldn't be targeting Powell but hopes the Federal Reserve would be more aggressive in cutting rates.

With these three moves, the market's anxiety clearly eased, especially with the tariff reduction, which directly cooled expectations regarding the trade war.

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