#贸易战缓和 turns

The negotiations between China and the U.S. in Switzerland have eased the trade war. According to the joint statement from both parties, before May 14, U.S. tariffs on China will be reduced from 145% to 30%, and Chinese tariffs on the U.S. will be reduced from 125% to 10%.

The agreement is valid for 90 days, during which various negotiations and compromises should still take place, but overall the outcome has exceeded expectations for both sides.

Trump calls this sky-high pricing, paying back on the spot, truly a businessman’s style.

This should also be a positive message for the cryptocurrency market.