- Trump plans Xi meeting, calls tariffs unsustainable, impacting trade views.
- Tariff talks may influence crypto market dynamics.
- Economic strategy shift anticipated in global trade.
US President Donald Trump announced plans to meet Chinese President Xi Jinping within weeks, calling the existing high tariffs on Chinese goods unsustainable, during a Fox Business interview.
The meeting may ease US-China trade tensions, impacting global markets and potentially affecting cryptocurrency volatility amid ongoing tariff disputes.
Trump’s US-China Tariff Talks: Market Implications
Donald Trump announced a forthcoming meeting with Xi Jinping, labeling current US tariffs on Chinese imports “not sustainable.” This development follows longstanding economic tensions between the US and China. Trump explicitly stated:
The anticipated changes involve potential reductions in tariffs, aiming for a “fair deal” between the countries. These negotiations might alter existing trade policies, potentially impacting related industries.
Reactions remain intense; Trump’s statement underscores a desire for improved relations, though the high trade stakes continue to drive market and political scrutiny. His term ended with Trump’s indication of diplomacy, emphasizing the critical nature of the tariffs as a negotiation tool.
Cryptocurrency Volatility Amid Trade Policy Shifts
Did you know? In previous tariff debates, cryptocurrency markets experienced increased volatility as traders sought alternative safe-haven assets, reflecting broader economic anxieties.
CoinMarketCap data reveals Bitcoin (BTC) currently trades at $106,945.47 with a market cap of 2.13 trillion. It holds a dominance of 58.84%, experiencing a recent one-day decline of 1.94%, with similar downtrends noted over 7-day and 30-day periods.
Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 03:25 UTC on October 18, 2025. Source: CoinMarketCapAccording to Coincu research, existing tariff policies could alter market strategies, possibly enhancing safe haven dynamics like Bitcoin or Ethereum utilization. Historical precedent indicates potential volatility as global economic policies shift during US-China negotiations.
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Source: https://coincu.com/news/trump-xi-china-tariffs-talks/
