The trade tariff friction between China and the United States has basically come to an end.

CN
Rocky
1 day ago

The trade tariff friction between China and the United States has basically come to an end. Today, #Bloomberg published an article, but market prices and confidence can never return to the levels before October 11. According to statistics, among the more than 400 altcoins listed on Binance, 358 have never surpassed the high point of October 11. 🧐

Trump officially announced the "Agreement on Economic and Trade Relations with China" 👇

China's actions:

  1. Suspend new export controls on rare earths
  2. Issue general licenses for rare earth exports
  3. Take "significant measures" to end the flow of fentanyl to the United States
  4. Suspend all retaliatory tariffs starting from March 4
  5. Suspend all retaliatory non-tariff measures since March 4
  6. Purchase at least 12 million tons of American soybeans

The United States' actions:

  1. Reduce tariffs on China by 10 percentage points
  2. Extend the expiration date for certain Section 301 tariff exemptions to November 2026

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