#TradeWarEases The trade war between the United States and China took a major turn this weekend. After months of tariff escalation, the two powers reached a preliminary agreement in Geneva, aiming to temporarily reduce customs duties for a period of 90 days. The United States is lowering its tariffs on Chinese imports to 30%, while China is reducing its tariffs to 10%. The crypto market, traditionally very sensitive to geopolitical tensions and economic uncertainties, also reacted. Many cryptocurrencies have experienced a price increase over the last 24 hours.
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