Trump Proposes 10% Tariff Reduction on China, Igniting Market Reactions

Former President Donald Trump announced a plan to reduce import tariffs from China by 10%, aiming to benefit American businesses and consumers. This move triggered a positive response in financial markets and the cryptocurrency sector. The tariff reduction is expected to enhance global supply chain stability and potentially stimulate economic growth. The announcement also sparked discussions on monetary policy and potential shifts in asset allocation, as crypto key opinion leaders point towards increased capital movement from traditional currencies to digital assets.