#贸易战缓和 The negotiations between the U.S. and China in Switzerland have eased the trade war. According to the joint statement from both sides, before May 14, the U.S. will reduce tariffs on China from 145% to 30%, and China will reduce tariffs on the U.S. from 125% to 10%.
The agreement is valid for 90 days, during which there should be various negotiations and compromises, but overall, the outcome has exceeded expectations for both sides.
Trump calls this sky-high pricing, paying back on the spot, truly a businessman at heart.
This should also be a positive for the cryptocurrency market.