Trump Folds, 90-Day Pause On All Tariffs Except China
Crypto prices are pumping as Donald Trump is the first to blink in his stare-off against the US equity and bond markets.
Taking to Truth Social, the US President announced a 90-day pause on his reciprocal tariffs on all nations except China, sticking with the baseline 10% rate.
With respect to China, Trump raised duties on all imports to 125%, retaliating against China’s hike to 84% earlier today.
The Bitcoin price bounced up to $82,900 following the delay announcement, after trading as low as $74,500 on Tuesday. Large-cap altcoins — Ethereum, XRP, Solana, Dogecoin, etc. — are up by double digits and extremely close to securing key bullish continuations.
