America continues its persistent tariff announcements. For now, we cannot see the clear effects of tariffs on US data. We will see the results of these tariffs on the data more clearly in future data. Although Chinese statements have shown that the vicious circle has ended for now, things have not been on their way.
China, USA and crypto currencies
What concerns us in the middle of the global trade war Your crypto coins Performance. The ongoing mutual tariff increases between the two giants and the attitude away from the compromise are suppressing the risk markets including crypto currencies. Trump is an inconsistent attitude by making explanation in shades changing per hour.
Increased to 245 %today Chinese tariff Now it has become meaningless, and the direct trade between the two countries has been significantly undermined. Moreover, China’s last move is preventing the import of precious mines used in the production of many key products, including F35, to the USA. If there is no compromise, crypto currencies may experience greater losses.
“We will ignore the US figure game. If our interests are damaged, we will fight to the end.
China provides a large space for imports of high quality products from other countries with a very large market and a large consumption potential.
We are aware of 245 %of the USA.
I urge the relevant departments and local governments to work and apply support measures to improve the business environment. ”
China met with Brazil yesterday and asked him to sell the goods he could not sell to the United States. While 45 different cooperation agreements were signed with Vietnam, British Trade Minister said he would go to China this year. This time, China is more confident than ever, and the United States seems to be quite high against the US, which takes the whole world in one go. Many countries and blocks, including the EU, question the potential to question America’s reliability and act with China.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
