$BTC Turning Point in US-China Trade Relations
President Donald Trump has changed strategy in the trade war between the United States and China. He proposed reducing the import tariff rate from China to 80%, compared to the previous rate of 145% in April 2025. This policy may aim to alleviate pressure from financial markets and advisors like Treasury Secretary Scott Bessent, who argue that the high tax is "unsustainable" and necessary to stabilize economic relations as trade negotiations with Beijing are ongoing.
Impact on the Market