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#TradeWarEases 📈 #TradeWarEases: U.S.-China Tariff Truce Sparks Market Rally In a significant development, the United States and China have agreed to a 90-day pause in their escalating trade war, reducing tariffs on each other's goods. The U.S. will lower tariffs on Chinese imports from 145% to 30%, while China will reduce tariffs on U.S. goods from 125% to 10% . This agreement, reached during high-level talks in Geneva, has led to positive reactions in global markets. U.S. stock futures surged, with the S&P 500 and Nasdaq climbing up to 3.5%, and the dollar strengthened . In the crypto market, Bitcoin (BTC) has maintained its position above $104,000, trading at $104,477. Ethereum (ETH) is at $2,572.87, and BNB is at $667.79. Analysts suggest that the easing of trade tensions could provide a favorable environment for further growth in the cryptocurrency sector. While this truce offers a temporary reprieve, experts caution that unresolved issues remain, and the long-term stability of U.S.-China trade relations is still uncertain. Stay informed on market developments and consider how these geopolitical shifts may impact your trading strategies.$BTC $ETH
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