Trump Advisor Teases China Tariff Cuts—Bitcoin Pumps on Trade War Thaw

Trade tensions may ease faster than Wall Street expected. A key Trump adviser just hinted at potential tariff reductions on Chinese goods within weeks—and Bitcoin’s already pricing in the liquidity floodgates reopening.

Markets react before politicians act: BTC surged 3% on the news, because nothing says ’risk-on’ like traders front-running geopolitical theater. Meanwhile, traditional finance still can’t decide if crypto’s a hedge or a high-beta gamble—classic.

Here’s the playbook: Less trade friction means weaker dollar demand, more capital sloshing into alternative assets. Bitcoin’s 2025 rally just got its next narrative rocket fuel.

Broader context and implications

China’s Ministry of Commerce issued a statement earlier in the day saying it was still evaluating the trade environment. Miran emphasized that ongoing dialogue, even without formal announcements, was a positive development. After all, “talking is better than not talking,” he noted.

Asked whether the U.S. might revisit purchase agreements like the one reached with China in 2020, Miran said each trading partner presents unique dynamics but that such mechanisms “should definitely be on the table.”

He also acknowledged European efforts to increase purchases of U.S. goods as a potential step toward balancing trade relations, though again, he did not commit to any specific outcomes.

Despite his limited role in direct negotiations, Miran repeatedly pointed to the president’s ability to create deals “nobody expects.”

While specific details remain uncertain, the comments from Trump’s top economic advisor is lifting crypto and equity markets higher. Notably, Bitcoin (BTC) is holding the $97,000 level and seems poised to retest the $100,000 mark in the near-term after panick selling in early April sent the coin to around $75,000.