$ETH USA vs 🇨🇳 China: The Tariff Tug-of-War Continues
What's happening:
• The USA stated: there will be no pause on tariffs against China without mutual concessions.
• China has started to reduce tariffs on American goods: chips, medical equipment, and aviation.
• Trump: “If high tariffs remain for another year — it will be a complete victory.”
$ETH • China officially denied the existence of negotiations, calling the statements from the USA “fake.”
• Markets reacted with an increase, but caution remains.
Conclusion:
Tension remains, but China’s steps to reduce tariffs may be the first sign of de-escalation. However, a real agreement is still far off.