US EditionBitcoin price today: slips to $103.4k after US-China tariff truce; inflation eases - Business Fast
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US-China Tariff Truce Sparks Bitcoin Rally Nearing All-Time High
The United States and China have agreed to temporarily reduce their reciprocal tariffs to 10% for a 90-day period beginning May 14, 2025. According to Cointelegraph, this agreement marks a significant thaw in the trade war between the world's largest economies that had previously seen tariffs exceed 100% on both sides. US Treasury Secretary Scott Bessent emphasized during a Geneva news conference that both nations want to avoid economic decoupli…
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