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Strategic Trade De-escalation Between US and China Signals Market Relief

Strategic Trade De-escalation Between US and China Signals Market Relief

Author:

Global Cryptocurrency

Published:

2025-10-27 06:51:02

5

1

BTCCSquare news:

Washington and Beijing have announced a preliminary trade agreement ahead of a high-stakes summit between Donald TRUMP and Xi Jinping. The breakthrough, negotiated during ASEAN sidelines, addresses tariffs and rare earth tensions while offering a framework for gradual de-escalation.

Treasury Secretary Scott Bessent hailed the "very substantial framework" as a tactical win for US negotiators. The détente has already reverberated through global markets, with crypto assets historically sensitive to geopolitical risk showing muted reactions.

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