Reacting to the 90-day pause in US-China tariffs, the European Chamber of Commerce in China says while it's "encouraged by the decision, uncertainty remains".
"This is partly because certain tariffs have only been suspended for 90 days, and partly because of the erratic nature in which these tariffs were implemented in the first place," it says in a statement.
It says it hopes to see both sides continue to engage in dialogue to "resolve differences, and avoid taking measures that will disrupt global trade and result in collateral damage for those caught in the cross-fire".
Reacting to the 90-day pause in US-China tariffs, the European Chamber of Commerce in China says while it's "encouraged by the decision, uncertainty remains".
"This is partly because certain tariffs have only been suspended for 90 days, and partly because of the erratic nature in which these tariffs were implemented in the first place," it says in a statement.
It says it hopes to see both sides continue to engage in dialogue to "resolve differences, and avoid taking measures that will disrupt global trade and result in collateral damage for those caught in the cross-fire".
Reacting to the 90-day pause in US-China tariffs, the European Chamber of Commerce in China says while it's "encouraged by the decision, uncertainty remains".
"This is partly because certain tariffs have only been suspended for 90 days, and partly because of the erratic nature in which these tariffs were implemented in the first place," it says in a statement.
It says it hopes to see both sides continue to engage in dialogue to "resolve differences, and avoid taking measures that will disrupt global trade and result in collateral damage for those caught in the cross-fire".
Investors are quickly changing their perspectives on crypto now that altcoins have departed from a negative trend and found buying pressure from a renewed risk-on sentiment, one analyst said. What to know: Bitcoin neared $104,000 for the first time in over two months amid a crypto market rebound. Ethereum's Pectra upgrade and political support in the U.S. are driving altcoin gains. President Trump's positive outlook on U.S.-China trade talks is boosting market sentiment. Bitcoin
Ethereum recorded a 21.8% gain on Thursday, its highest single day gain since May 24, 2021, according to the Binance ETH/USDT TradingView chart.
Despite the rise, US spot Ether ETFs stretched their negative flows to three consecutive days of net outflows after shedding $16.11 million on Thursday, per SoSoValue data. Ethereum's funding rates also remained at normal levels near 0.01, indicating the rally wasn't inspired by ETF flows or high leverage trading.
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