During the APEC Summit, Trump is advocating for a reassessment of the currently high 55% tariff rate on Chinese goods, which he finds unsustainable. The conversation aims to calm tensions in US-China trade relations.
Recent history suggests that meetings like these heighten market volatility, impacting equities and cryptocurrencies. Bitcoin experienced a trading volume of 109.39 billion USD with fluctuations noted in its price, emphasizing market sensitivity to trade discussions.
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