China wants to make a deal with the United States, but “doesn’t know how to do it,” said Donald Trump, who started a trade war with China. Main:
— The US is immediately raising tariffs on China to 125% due to a “lack of respect” for global markets.
— Trump ordered a postponement of the introduction of large-scale tariffs for 90 days – during this period, a level of 10% will apply for all countries except China.
— After the announcement of a pause in import duties, the value of most major cryptocurrencies is growing: Bitcoin exceeded $80k, US indices soared by 7-8% – growth is also observed on the S&P 500, Brent is growing.
— The United States is no longer considering a deal for TikTok due to worsening relations with China.
— Previously, China imposed a tariff of 84% on US exports and banned 11 American companies from trading in the country. He also filed a complaint with the WTO. Now, according to the organization’s forecasts, trade turnover between countries could decrease by 80%.
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