#TrumpTariffs

The U.S. and China announced a preliminary agreement in London that includes the importation of rare earths from China for six months and maintaining a fixed tariff of 55% on certain Chinese products, although Trump insisted on the promise of new tariffs. While a truce is restored, uncertainty persists due to Trump's protectionist tone.

In the financial markets, the news caused a moderate rebound: the S&P 500 rose by 5.5% and the Hang Seng index reacted positively. In the cryptocurrency market, Bitcoin briefly climbed to USD 110,000, driven by optimism for potential trade stability. However, Trump's promise of future tariffs limited the rise, resulting in a correction of nearly 2% during the day.

Conclusion: the truce in London eased the perception of risk and boosted risk assets, including cryptocurrency. However, Trump's commitment to new tariffs generates additional caution. The crypto market could remain volatile until definitive agreements are made.