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Trump Says High China Tariffs “Not Sustainable” Amid Ongoing Trade Tensions, Markets React

Trump Says High China Tariffs “Not Sustainable” Amid Ongoing Trade Tensions, Markets React

Author:

Global Cryptocurrency

Published:

2025-10-17 14:58:03

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BTCCSquare news:

Trade tensions between the U.S. and China have escalated, with tariffs reaching as high as 145%. President Trump's recent comments on Fox Business suggest a potential shift, calling the high tariffs "not sustainable." Markets, already volatile, reacted to the uncertainty.

"They ripped off our country for years," TRUMP said, emphasizing China's historical trade practices. The current 90-day truce, set to expire on November 10, may be extended, but the underlying tensions remain unresolved.

Global markets, including cryptocurrency, are sensitive to such macroeconomic shifts. Traders are watching for Ripple effects across asset classes, though no direct coin or exchange mentions surfaced in this context.

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