US President Donald Trump took it to his social media platform, Truth Social, to announce that the two leading economic countries have reached a trade deal agreement, which is now in the final stretch of being officially signed.<\/p>\n
The terms<\/a> include a total of 55% tariffs for the US and 10% for China. Trump added that the relationship between the two is \u201cexcellent,\u201d and Chinese students will continue using US colleges and universities, which have \u201calways been good with me.\u201d<\/p>\n BREAKING: Initial details of the US-China trade deal include:<\/p>\n 1. \u201cTotal of 55% tariffs\u201d for US \u2014 The Kobeissi Letter (@KobeissiLetter) June 11, 2025<\/a><\/p>\n\n Despite the announcement, the term \u201ctotal of 55% tariffs\u201d for the US remains rather vague, and investors are still waiting for further details.<\/p>\n The deal, reached only two days after talks<\/a> began in London on Monday, is now only subject to approval by Chinese President Xi Jinping and the POTUS, who appears rather satisfied with the terms.<\/p>\n In other, somewhat related news, the US CPI data for May went live, showing lower than expected numbers. The annual inflation rate is at 2.4% and a minor 0.1% increase for the month. According<\/a> to CNBC, this suggests that the tariffs are not significantly impacting the US economy, as many had feared, at least for now.<\/p>\n BTC\u2019s price reacted almost immediately to the two developments and went from roughly $109,000 to nearly $110,000 within minutes. It has failed to continue upward and now sits around $400 away from the upper range boundary.<\/p>\n <\/a>BTCUSD. Source: TradingView<\/p>\n The post US-China Trade Agreement Announced, CPI Data Released: Bitcoin\u2019s Market Reaction<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" US President Donald Trump took it to his social media platform, Truth Social, to announce that the two leading economic countries have reached a trade deal agreement, which is now in the final stretch of being officially signed. The terms include a total of 55% tariffs for the US and 10% for China. Trump added […]<\/p>\n","protected":false},"author":0,"featured_media":73378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-73377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/73377"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73377"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/73377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/73378"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n2. 10% tariffs for China
\n3. Any \u201cnecessary rare earths\u201d will be supplied by China
\n4. Rare earths to be supplied upfront by China
\n5. US to allow Chinese students to attend US\u2026<\/p>\n
![<\/a>BTCUSD. Source: TradingView<\/p>\nThe post US-China Trade Agreement Announced, CPI Data Released: Bitcoin\u2019s Market Reaction<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"US President Donald Trump took it to his social media platform, Truth Social, to announce that the two leading economic countries have reached a trade deal agreement, which is now in the final stretch of being officially signed. The terms include a total of 55% tariffs for the US and 10% for China. Trump added […]<\/p>\n","protected":false},"author":0,"featured_media":73378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-73377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/73377"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73377"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/73377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/73378"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTCUSD-10.png\"){kind=link}