#ChinaVsUS
đ„ China Denies Trumpâs Claim â No Trade Talks Happening YetâŒïž
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âĄïž Could this shake up the crypto market again?
The Chinese government has officially denied U.S. President Donald Trumpâs recent claim that trade negotiations between the two countries are happening.
đ A spokesperson from Chinaâs Ministry of Commerce, He Yadong, said the rumors have no basis. This came after Trump stated that tariffs on Chinese goods would drop significantly from the current 145%.
â© On Thursday (April 24, 2025), President Trump said that trade talks were in progress, but he didnât mention who was involved.
đ âAny reports about progress in China-U.S. trade talks are groundless and not based on facts,â He Yadong said, according to ABC News.
đ If the trade war escalates again, it could have a negative impact on the crypto market. Falling coin prices may be hard to avoid.
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