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

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

#TrumpTariffs

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

The temporary pact includes:

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

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

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