- Unverified claims of a new 90-day China tariff pause surface.
- White House documents do not confirm a new extension.
- Bitcoin price movement linked to market speculation.
U.S. President Donald Trump has reportedly extended the pause on China tariffs by 90 days, affecting the BTC market.
The extension could influence cryptocurrency markets, impacting BTC prices, though official confirmations remain elusive on direct links between policy and price changes.
Body
Claims of a new 90-day pause on Chinese tariffs by President Trump emerged without official confirmation. The White House’s latest actions, dated July 7, 2025, do not extend a China-specific suspension beyond August 1, 2025.
Reports suggest Trump has acted, yet WhiteHouse.gov shows no update. BTC saw price shifts amid speculation; however, no exchange confirmed direct tariff-related impact. Primary sources highlight unchanged suspension terms from May 12, 2025.
Market observers noted Bitcoin’s price volatility after unofficial tariff reports. Financial markets reacted to unverified information, possibly influencing speculative traders. Yet, on-chain evidence linking these shifts directly remains absent.
The cryptocurrency market remains sensitive to macroeconomic rumors. Traders watched for potential shifts in US-China trade relations, impacting financial strategies across sectors. Current official actions maintain previous policy stances, highlighting uncertainty.
Tariff Pause Claims
Tariff pause claims introduced questions about US-China trade strategies. Market players seek official clarity to adjust financial forecasts. Absence of factual confirmation emphasizes the need for verified information in decision-making processes.
Financial analyses indicate historical correlations between policy news and crypto movements. Experts advise waiting for documented changes in tariff applications to form strategies. Monitoring verified presidential actions remains crucial for market predictions.
“I have determined… that it is necessary and appropriate to extend the suspension effectuated by Executive Order 14266 until 12:01 a.m. eastern daylight time on August 1, 2025. With respect to the PRC, the separate tariff suspension effectuated by Executive Order 14298 of May 12, 2025… remains in effect and is unaltered by this order.” — White House, Presidential Actions, July 7, 2025
Disclaimer: The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions. |