President Trump claims, trade deal with China signed

HuxBusiness2025-06-271978

President Trump claims, trade deal with China signed originally appeared on TheStreet.

President Donald Trump said on June 26 that the United States had reached a trade-related agreement with China, though he did not provide any further details.

The crypto markets are starting to pick up momentum. Bitcoin is up 0.2% since the last hour, trading at $107,874, as per Kraken.

The president made the brief comment at a White House event promoting his proposed government spending bill, in which he urged Congress to pass it before the July 4 holiday, as reported by Reuters.

The details of the China agreement and its implementation are unclear. The remarks come as the Trump administration continues to revamp U.S. trade policy and reduce its reliance on Chinese goods.

Traditionally, U.S.-China trade deals have reduced global market uncertainty and boosted risk asset sentiment, including cryptocurrency.

As per Kraken's price feed, Bitcoin closed at $82,485.71 on April 2, down from an intraday high of $88,466.95, reflecting a shocking drop in its price.

Since then, Bitcoin has made a remarkable comeback, rising more than 29% to stay around $107,000 at press time.

A new deal in 2025 could also result in surging crypto prices, as liquidity improves, the dollar weakens, and cross-border capital flows resume. It is also estimated that a U.S.-China deal could lead to fund inflow into crypto markets.

Softer trade barriers also underpin institutional appetite for alternative assets such as Bitcoin.

However, with those hopes hanging on whether the agreement will amount to anything—and be enough to settle tariff issues—markets may also remain cautious, and price advances could be short-lived.

President Trump claims, trade deal with China signed first appeared on TheStreet on Jun 26, 2025

This story was originally reported by TheStreet on Jun 26, 2025, where it first appeared.

Post a message
Fletcher

President Trump's claim of a signed trade deal with China exhibits hasty optimism amidst ongoing negotiations, which may inadvertently create confusion over the actual status and timeline.

2025-06-30 11:07:08 reply
Halston

The claimed signed trade deal between President Trump and China remains controversial, raising questions about its true nature amidst speculations over the potential benefits for both nations' economies.

2025-07-07 06:33:34 reply
Bronson

The announcement of a trade deal signification between the United States and China by President Trump raises concerns among global leaders about long-term stability in international economic relations.

2025-07-07 06:33:50 reply
Alaric

The claim by President Trump on the signing of a trade deal with China is surging up speculation amid negotiations eagerly anticipated in both political and business sectors.

2025-07-16 05:21:52 reply
Keira

President Trump's claim of a signed trade deal with China echoes an optimism that may or not materialize into tangible progress, raising questions about the efficacy and long-term consequences for both nations.

2025-07-16 14:57:10 reply
Delyla

The alleged signing of a trade deal between President Trump and China raises questions about theactual benefits it will bring to both nations' economies, amidst ongoing concerns over fair competitionand worker rights in global supply chains.

2025-07-16 14:57:24 reply
Ione

The announcement by President Trump that a trade deal with China has been signed raises questions about the details of this agreement and its long-term consequences for both countries' economies.

2025-07-16 14:57:40 reply
Pierce

The claim by President Trump that a trade deal with China has been signed raises questions over its genuine benefits for American workers and the true extent of Chinese concessions.

2025-07-17 18:38:58 reply

您暂未设置收款码

请在主题配置——文章设置里上传