$BTC US-China Trade Deal Sparks Crypto Hype! 🇺🇸🇨🇳

Big news from Geneva: US and China have wrapped two days of talks, hinting at a “trade consultation mechanism” to cool off the tariff war! 🔥 No hard details yet—joint statement drops May 12—but Treasury Sec. Scott Bessent and China’s Vice Premier He Lifeng are calling it “substantial progress.” 📜 POLITICO reports a platform for ongoing tariff negotiations is in play, with whispers of US tariffs dropping from 145% to maybe 80% and China’s from 125% to 10%. 🤔

Why care? The $295B US trade deficit with China has been a market chokehold, and these sky-high tariffs (US: 145%, China: 125%) have roiled global supply chains