#TradeWarEases
🇺🇸 Donald Trump: a new era in trade with China
The former U.S. President made a statement on key issues of global trade and manufacturing policy:
✅ Trade with China: reboot
"We have achieved a complete reboot of relations with the PRC"
Tariff reductions will not affect cars, steel, aluminum, or pharmaceuticals
"China has agreed to open its market to the U.S."
Non-tariff barriers will be eliminated
China will stop using fentanyl — in exchange for tariff relief
📞 A new contact with Xi Jinping is possible as early as the end of the week
🏭 Manufacturing and pharmaceuticals
"I spoke with Tim Cook: Apple will start actively manufacturing in the U.S."
"Drug prices will decrease by 90% — we will no longer allow pharmaceutical companies to profit excessively"
🌍 The EU – a new target
"The EU is worse than China. Europe must pay more for healthcare"
Without a deal, tariffs on China could rise again to 145%
📉 Conclusion for crypto investors:
Return to an aggressive U.S. trade policy
Negotiations with China affect the dollar exchange rate and risk appetite
Possible strengthening of crypto as a hedge tool during trade conflicts.