$ETH Detailed Summary of US-China Tariffs Today (June 11, 2025)

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Today (June 11, 2025), US President Donald Trump has just announced a new "trade agreement framework" with China following tense negotiations in London. Specifically:

• The US plans to impose tariffs of up to 55% on Chinese goods.

• China plans to impose a 10% tariff on US goods.

• However, this is only a commitment during the tentative framework stage and not a tax policy that has been enacted and applied in practice.

I reiterate once again: this should only be viewed as a temporary preliminary agreement, similar to a "ceasefire," and not the final outcome. The tariff war between the US and China is far from over!

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