According to Crypto Rover, former President Trump has finalized a new US-China tariff agreement, resulting in US tariffs on Chinese imports rising to 30% from the previous 20%, while China has reduced its tariffs on US goods to a range of 10% to 25% (source: Crypto Rover, Twitter, May 12, 2025). This shift is perceived as a significant win for US trade strategy and is driving positive sentiment across global financial markets. For cryptocurrency traders, the news signals heightened market optimism and a potential influx of capital into risk assets like Bitcoin and Ethereum, as investors anticipate stronger US economic performance and improved global trade flows.