The trade war between the United States and China remains in the spotlight, as President Donald Trump’s mixed signals on the tariff negotiations add global uncertainty.
Despite some signs that China reduces the definitions of some American goods, Donald Trump has not yet made clear indications of penetration. This has left the constant uncertainty of investors wondering whether the main shift in trade relations between the United States and China is on the horizon.
Donald Trump brushes China from the intentions of temporary suspension
Over the past week, reports have emerged that China was quietly declining to tariffs on the chosen American products, including semiconductors and pharmaceutical preparations. This step has been considered an attempt to reduce the pressure on the technology sector in China.
China is also considering relief on medical equipment and chemicals. However, this most softened approach was faced with President Donald Trump’s recent statements. He claimed that the United States is holding continuous talks with China, and it was said that Chinese President Xi Jinping contacted him directly. These assurances were quickly rejected by Beijing.
“China and the United States have no advice or negotiation on #Tarifs,” Chinese Foreign Ministry spokesman said firmly. The United States spokesman continued to stop “creating confusion.” Despite this, Donald Trump I mentioned later He was considering removing the customs tariff on China, but only if Beijing advanced something in return. This face and backwards leave a lot about the real state of negotiations and the broader consequences of global trade.
The effect of tariff news on the encryption market
Mixed signals on both sides add continuous instability in the global economy. Customs duties have already greatly affected the trade between the United States and China, as the United States imposed a 145 % tariff on Chinese goods and China, which is 125 % tariffs on American imports. These measures have escalated the commercial conflict, causing uncertainty for companies and consumers alike.
Meanwhile, the encryption market has witnessed a large gathering despite the constant tariff tensions that lead to ramia speculation, and there may be a fake gathering that leads to an accident. Current currencies, such as Bitcoin, have gained great value amid concerns about global trade disorders.
Bitcoin price was 95,000 dollars on Friday, which is its highest level in 60 days. The increase of the Crypto market has been linked to investors who turn to digital assets as a safe haven, similar to how gold is traditionally displayed during times of economic uncertainty. However, with the price of BTC recently it reached 95,300 dollars, encryption analysts It has highlighted A possible correction to $ 60,000.
Some expect that if Bitcoin penetrates this resistance, it may target the highest target, and it may reach a range of $ 126,000. However, there are signs of a declining difference, with an annual open openness that is difficult to breach, which leads to a Possible price withdrawal According to the encryption analyst on the plans.
Will Ethereum price penetrate $ 2K resistance?
Ethereum is also After a similar path According to CREDIBLL CRYPTO. Currently, the ETH price faces resistance on the brand of $ 1,800. If he can penetrate this level, he may see a rare of about $ 2000 in the short term. On the other hand, if the price fails to stick to a level of $ 1,800, ETH may have a decrease, which may decrease to the support level of $ 1500.
At the same time, the other All altcoins performance was also well with XRP, Cardano (ADA), Solana (SOL), Dogecoin (Doge) and SUI (SUI) more than 6 %, 14 %, 13 %, 15 % and 66 % last week, respectively. Moreover, according to analysts, Michael Van De Poppe, Altcoins only Start the gathering With a great reflection pattern, this encryption may be placed in a fasting gathering.
Kelvin Monin Murithi
Kelvin is a distinguished writer who has experience in encryption and financing, holding a Bachelor’s degree in Actura Sciences. It is famous for its careful analysis and insightful content.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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