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Crypto Prune > Market > China will agree to negotiate with the US. Bitcoin responds upwards
Market

China will agree to negotiate with the US. Bitcoin responds upwards

8 months ago 4 Min Read

China gave a sample of willingness to talk to the US on tariff wars, which highlighted the commercial relationship between both financial forces.

A spokesman for China’s Ministry of Commerce confirmed this. The country analyzes the possibility of establishing negotiations with the US. Officials say the US high position has repeatedly stated its interest in tariff dialogue, sending positive signals to Beijing through various channels.

However, China remains clear: He is happy to speak, but demands integrity from Washington.

The spokesman stressed, in his opinion, that commercial wars and tariffs were unilaterally launched by the United States. Therefore, negotiations progress, China expects the US government to amend tariff measures.

“To say one thing, do something else, or use negotiations as an excuse for coercion will not work with China,” the official warned, stressing that lack of commitment will damage mutual trust.

Meanwhile, John Gong, the Excer of the Ministry of Commerce at Beijing University of International Economics, said that the Chinese government has already prepared the land for these possible conversations. “They are being heavily debated about who will lead the negotiations, the strategy and how to deal with Washington,” Gong said.

Tariff Wars Showing What Will Be Been in 2025

After Donald Trump’s investment in January 2025, commercial tensions between the two countries have risen.

Following his campaign promise, Trump imposed in February 25% tariffs on imported products from Mexico and Canada, 10% to those from Chinaas reported by Cryptootics.

In response, on February 10, China applied 15% and 10% tariffs on US goods, including coal, oil and agricultural products.

See also  Trump encourages interest rate cuts amid positive labor market signs - bullish for crypto?

The climb didn’t stop there. Mutual tariffs intensified in March and April. The US raises up to 145%, while China handles 125%.

This controversy volatility in the global market and disruption in the supply chain. The 90-day temporary suspension was agreed to tariffs on other countries, and dialogue with more than 60 countries began, but economic uncertainty continued.

Bitcoin: From the initial impact to recovery

Bitcoin was not affected by these tensions. In April, when Trump announced mutual tariffs, the currency fell to $74,000.

However, Bitcoin’s perception of active shelter for economic uncertainty has fueled a rapid recovery. That same day, its price reached $78,000, and on April 24th it had already cited $91,000.

The current day, Possibility of negotiations between China and the US has given a new impulse to cryptographic action. For this reason, Bitcoin is over $97,000, at a level that will not be seen since February.

Trade agreements and tariff reductions if negotiations progress They can stabilize the market and bring even more benefits to assets such as Bitcoin.

Rumors about Nvidia Feed’s optimism

Another factor that has driven Bitcoin prices is rumors that it is circulating in the market. Nvidia, the third largest company in the world, is considering including Bitcoin in its corporate balance.

If confirmed, this decision represents a critical step in the adoption of digital currency by large companies.

Market analyst Thomas Farrer said the movement of this caliber could have an explosive effect. “If that’s true, Bitcoin wouldn’t be $96,000. It would teleport for $120,000,” Farrer said. For now, it must be emphasized that these are nothing more than rumors.

See also  Semler Scientific reveals plans to accumulate 100,000 bitcoins

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