China Shifts Reserves Strategy as Trade War Intensifies

The ongoing trade war between China and the US is creating uncertainty in the global market, prompting a shift by major economies towards gold and cryptocurrencies. The tensions escalated again when President Trump’s aggressive tariffs aimed at China remain unresolved despite claims of progress. Instead, China has retaliated with counter-tariffs on U.S. goods, highlighting the deepening conflict. This escalating situation is putting pressure on the global economy, leading many to seek refuge in alternative assets.