Diamond Member Pelican Press 0 Posted May 4, 2025 Diamond Member Share Posted May 4, 2025 This is the hidden content, please Sign In or Sign Up Positive China news sends markets soaring The crypto market cap soared from $3.11 trillion to $3.14 trillion within an hour of President Donald Trump’s chief economic adviser, Stephen Miran, hinting about the U.S.-China trade war deescalating within weeks. This is the hidden content, please Sign In or Sign Up also rose to $97,821.99 — its highest point since Feb. 21 — within an hour of the news. Miran thinks the U.S. could lower its hiked tariffs on China “within a few weeks.” He said he would be surprised if tariff rates are where they are within a few weeks from now. “The president has been very clear that he thinks that there will be a deal with China… And I think the president is right,” Miran said in This is the hidden content, please Sign In or Sign Up on May 2. The chief economic adviser clarified that he isn’t a part of the trade negotiation team but said a de-escalation in tariff rates is in the mutual interest of both the U.S. and China. Referring to the 2019 “phase one” deal between the two countries, Miran emphasized Trump’s trade negotiation skills. A spokesperson from China’s Commerce Ministry This is the hidden content, please Sign In or Sign Up , “China has noticed that the senior leadership of the United States has repeatedly stated that it is willing to negotiate with China on tariff issues… In this regard, China is evaluating it.” Related: Tariff Live Updates: China lifts sanctions on EU lawmakers amid Trump’s tariff war Trump drastically raised tariffs on all countries on Apr. 2 but paused them for 90 days on all countries except China on Apr. 9. As of now, the U.S. levies 145% tariffs on imports from China. Meanwhile, China levies 125% tariffs on imports from the U.S. As per This is the hidden content, please Sign In or Sign Up , Bitcoin was trading at $97,035.01 at press time. This is the hidden content, please Sign In or Sign Up #Positive #China #news #sends #markets #soaring This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up For verified travel tips and real support, visit: https://hopzone.eu/ 0 Quote Link to comment https://hopzone.eu/forums/topic/240676-positive-china-news-sends-markets-soaring/ Share on other sites More sharing options...
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