According to Balaji (@balajis), China is actively signing free trade agreements, which could influence cryptocurrency markets by potentially increasing trade volumes and cross-border transactions involving digital currencies.

According to The Kobeissi Letter, Canada has imposed 25% tariffs on $155 billion of US goods in response to US tariffs. An initial $30 billion is effective immediately, with the remaining $125 billion to be phased in over 21 days. This move is likely to affect trade volumes and may impact market pricing for affected goods, which traders should closely monitor.