US-China Trade Truce Extended 90 Days: Implications for Cryptocurrency Markets

The U.S. has extended its trade war truce with China for another 90 days, averting a sharp escalation in tariffs that WOULD have seen rates on Chinese goods jump from 54% to 145%. This decision, announced hours before the deadline, preserves the fragile détente reached in May after months of retaliatory measures between the two economic superpowers.

Market stability hinges on this development. Trade tensions between the U.S. and China have historically influenced global risk appetite, with cryptocurrencies often serving as barometers for macroeconomic uncertainty. The pause in tariff escalation removes a near-term headwind for digital assets, particularly those with strong Asian market ties like BTC, ETH, and DOT.

Rare earth minerals and computer chips—critical components in blockchain infrastructure—remain exempt from restrictions. This continuity benefits mining operations and hardware manufacturers reliant on cross-border supply chains. Exchange platforms such as Binance and OKX, which facilitate significant Asia-Pacific trading volume, stand to benefit from reduced geopolitical friction.