#USChinaTradeTalks 🚨💥 Cryptocurrencies fall after Trump's statements: trade uncertainty hits the market 💥🚨

Bitcoin and major altcoin prices dropped this Thursday after U.S. President 🇺🇸 Donald Trump confirmed progress in the trade deal with 🇨🇳 China but issued new threats regarding tariffs that keep investors on edge.

#TrumpTariffs

📍 From London, Trump stated that the outlines of the deal already exist, but they still need to be reviewed by China.

The temporary pact includes:

* Restoration of Chinese licenses for major exports such as rare earth minerals

* The U.S. will maintain 55% tariffs on Chinese imports 📦

* China will impose a 10% tariff on American products 🍔🛠️