"US-China mutual tariff reduction" US stocks big pump, the Nasdaq skyrockets 7%, but Bitcoin has a Long Wick Candle at $100,700. Trump: If the protocol is not reached in 90 days, tariffs will be increased again.

After the United States and China announced mutual tariff cuts yesterday (12), U.S. stocks rose across the board last night, but Bitcoin and Ethereum experienced a slight correction. (Synopsis: The United States and China cut tariffs "145% to 30%", analysts are optimistic about bitcoin rushing to $140,000) (Background supplement: Becent shouted that the Sino-US tariff negotiations "made great progress", analysts: enhance confidence in the risks of cryptocurrencies and US stocks) The United States and China jointly announced an important agreement on Monday (12th), the United States will significantly reduce tariffs on Chinese goods from the previous level of 145% to 30% (reciprocal tariffs are reduced to 10%, maintaining the previous 20% tariffs on fentanyl); At the same time, China also agreed to reduce tariffs on U.S. goods from 125% to 10%. Trump: China will remove all trade barriers According to Bloomberg, Trump also said at the White House on Monday: "China will suspend and remove all non-tariff barriers." They have agreed to do so", but is this another rhetoric for Trump? The future remains to be verified. Note: Non-tariff barriers refer to all policies, regulations, procedures and practices other than tariffs that hinder the normal conduct of international trade. For example, import quotas, technical barriers to trade (such as cumbersome inspection and quarantine standards, product standards), anti-dumping and countervailing measures, government procurement restrictions, and various forms of subsidies. Compared with transparent tariffs, NTBs tend to be more hidden, discriminatory and complex, with wide-ranging implications. It is also worth noting that Trump still issued a warning that if negotiations in the next 90 days fail to reach an agreement, tariffs could exceed the current 30% and rise to higher levels. However, he also added that the US tariffs against China will not return to the previous level of 145%. U.S. stocks soared, Fei half a vigorous 7% After the United States and China agreed to temporarily reduce each other's high tariffs 90 days, the four major indexes of U.S. stocks rose sharply on the 12th, and under the rebound in the value of large technology stock markets, Fei Half soared 7%, and TSMC's ADR also soared 5.89%. The "U.S. stock seven" leading the market also performed very well, with Amazon and Meta rising more than 7% the most eye-catching. The Dow Jones Industrial Average jumped 1160.72 points or 2.81% to close at 42410.10 The S&P 500 jumped 184.28 points or 3.26% to close at 5844.19 The Nasdaq jumped 779.42 points or 4.35% to close at 18708.34 The Philadelphia Semiconductor Index rose 314.43 points or 7.04% to close at 4780.93 Divergence in Cryptocurrency Market Performance However, unlike the general rally in US stocks, the cryptocurrency market is nearly 12 Hours show a divergent trend. Major cryptocurrencies such as Bitcoin and Ethereum experienced a slight pullback, with Bitcoin sticking its pin at $100,733 at midnight and trading at $102,389 at press time. Ethereum (ETH): Current price is about $2468.08, down 2.8% SOL (SOL): Current price is about $172.08, down 1.7% Related stories Fed Barr warns: Trump drags Fed back! Tariff policy will make the economy return to the "early days of the epidemic" Fed interest rates frozen three times in a row! Bauer rarely warned: the tariff war caused inflation and unemployment to rise, and bitcoin exceeded 98,000 to a two-and-a-half-month high The United States loses Taiwan, Japan and South Korea allies? Trump: I'm not sorry at all, China's 145% tariff is they deserve it "U.S.-China mutual tariff reduction" U.S. stocks soared 7%, bitcoin pin $100,700, Trump: 90 days after the agreement is not reached will increase tariffs" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Blockchain News Media".