Trump’s China tariffs “unsustainable” dot trade tensions, markets react

Tensions between the US and China trade have recently been found to be creating uncertainty in major markets. President Trump's recent comments on trade history have been mixed with comments about trade stories, just as markets are capable of volatility.

“Tariffs are not sustainable.”

In an interview with Fox Business, President Trump said that high tariffs on China are not sustainable.

“It's not sustainable,” Tarif said when asked if he could stay in place. “But the number is this, maybe this is, maybe you don't know, I can have a good relationship with them. They always want an edge.

The trade tension between the two countries is that the tariffs are 145% to 140% of the global economic ties that are feared to be destroyed. However, unless extended on November 10, the most recent 90 days have been held as significant.

The talks to ease both sides to solve the two-way trade issues for the clothing will make China respond with its own measures after the new US tech and export restrictions.

Trump confirms the upcoming meeting with xi

In addition, Trump has confirmed that he will meet Chinese President Xi Jinping in two weeks after canceling his meeting in the past. Trump said he would work well with Xi and that China-China relations would be good, but stressed that any deal must be fair.

Investors are watching closely because any progress or setbacks in these talks could cause any progress or setbacks in the world.

Crypto markets are volatile

The crypto market, which usually responds to geopolitical and economic developments, experienced a sharp drop today. Bitcoin fell to $103,500 from $106,000 before Trump's tarff comments. Over 75 points have been re-adjusted to 75 points.

Markets are actively moving in response to ongoing trade talks between the US and China and China and China and China's economic growth. No updates or developments in trade talks can help calm the markets when there is a sense of uncertainty.