The TRUMP Coin price saw a dramatic surge of 6% within the last 24 hours, reaching $8.32 as trading volume increased to $2.53 billion in just one day. This positive movement aligns with President Donald Trump’s recent meeting with Chinese leader Xi Jinping and resulted in a 1-year trade truce between the two global economic giants that boosted investor confidence. The agreement includes halving fentanyl tariffs, reducing overall China tariffs from 57% to 47%, and negotiations on chip restrictions involving Nvidia. The US also agreed to postpone tougher entity-list regulations and extend the pause on some reciprocal tariffs for another year according to a statement by Beijing. China has pledged to resolve TikTok-related issues and resume purchases of major US soybeans.