The post Donald Trump Dashes Hopes of China Tariff Pause; Is a Crypto Crash Ahead? appeared on BitcoinEthereumNews.com.

The trade war between the US and China continues to remain in the spotlight, with President Donald Trump’s mixed signals on tariff negotiations adding to global uncertainty. Despite some signs suggesting that China is easing tariffs on certain U.S. goods, Donald Trump has yet to offer clear indications of a breakthrough. This ongoing uncertainty has left investors questioning whether a major shift in US-China trade relations is on the horizon. Donald Trump Brushes Off China Tariff Pause Intentions Over the past week, reports have emerged that China is quietly rolling back tariffs on select US products, including semiconductors and pharmaceuticals. This move has been seen as an effort to reduce pressure on China’s tech sector. China is also considering relief on medical gear and chemicals. However, this softer approach has been countered by President Donald Trump’s recent statements. He claimed that the US is in ongoing talks with China, even stating that Chinese President Xi Jinping called him directly. These assertions were quickly denied by Beijing. A Chinese foreign ministry spokesperson firmly stated, “China and the US are NOT having any consultation or negotiation on #tariffs.” The spokesperson went on to urge the US to stop “creating confusion.” Despite this, Donald Trump later mentioned he would consider removing tariffs on China, but only if Beijing offers something substantial in return. This back-and-forth leaves many wondering about the true state of negotiations and the broader consequences for global trade. Effect of Tariff News on Crypto Market The mixed signals from both sides are adding to the ongoing instability in the global economy. Tariffs have already significantly affected trade between the US and China, with the US imposing a 145% tariff on Chinese goods and China retaliating with a 125% tariff on U.S. imports. These actions have escalated the trade conflict, causing…

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Filed under: News - @ April 26, 2025 5:26 am