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List of Flash News about China US tariffs paused

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2025-05-12
08:58
China and US Pause 24% Tariffs for 90 Days: Crypto Market Impact and Trading Insights

According to the official announcement from the Chinese Ministry of Commerce, China and the United States will pause the 24% tariffs on both sides for an initial 90-day period, while maintaining the existing 10% tariff as specified in the executive order (source: Chinese Ministry of Commerce, June 2024). This development is expected to reduce short-term global trade friction and bolster risk-on sentiment across financial markets, including cryptocurrencies. Traders should monitor increased volatility and potential capital flows into digital assets as global investors seek alternative hedges amid shifting trade policy dynamics.

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