According to Michael Burry Stock Tracker (@burrytracker), the United States and China have agreed to a 90-day tariff truce, reducing US duties on Chinese imports from 145% to 30% and Chinese duties on US goods from 125% to 10%. This development triggered a sharp rise in Dow futures (+2%) and Nasdaq futures (+4%) as reported on May 12, 2025. For crypto traders, this temporary easing of the trade war could boost risk appetite across global markets, potentially increasing inflows into Bitcoin and leading altcoins as traditional investors seek diversified exposure amid improved macro sentiment (source: @burrytracker, May 12, 2025).

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.

According to The Kobeissi Letter, the US has announced a temporary reduction in tariffs on Chinese goods from 145% to 30% for 90 days, while China is lowering tariffs on US goods from 125% to 10% for the same period. As a direct result, Nasdaq futures surged by 3% on the day (source: The Kobeissi Letter, May 12, 2025). For crypto traders, this easing of trade tensions is likely to boost overall market sentiment, encouraging capital flows into risk assets like Bitcoin and Ethereum. Historically, improved US-China relations have correlated with increased liquidity, which can drive short-term price rallies in major cryptocurrencies (source: historical market data).

According to The Kobeissi Letter, markets are closely watching for Donald Trump's next post regarding the newly announced US-China trade deal, which could represent the most significant development in the ongoing trade war to date. Traders anticipate that further details may impact global equity and cryptocurrency markets, as improved US-China relations often reduce risk-off sentiment and could boost Bitcoin and altcoin trading volumes. Real-time analysis and updates are available from The Kobeissi Letter on Twitter. Source: The Kobeissi Letter (@KobeissiLetter, May 11, 2025).