US and China Take Steps Towards Trade De-Escalation Amidst Summit Preparations

A strategic shift is underway between the US and China as both countries prepare for critical talks at an upcoming summit. Ahead of the high-profile meeting between President Trump and Chinese leader Xi Jinping, a preliminary agreement on easing trade tensions has been reached. This unexpected but calculated move echoes in financial markets and the cryptocurrency sector. The deal aims to quell escalating uncertainty triggered by tariffs and technological restrictions.