U.S.-China Trade Talks Resume in London Focusing on Tech

The London meeting includes American Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng. The agenda covers tariffs and technology export controls, emphasizing semiconductors. The initiative follows a phone call between Presidents Trump and Xi Jinping.

Both presidents are directly engaged in setting the summit’s direction, aiming to stabilize trade tensions. The talks are framed as critical to addressing longstanding trade disputes and shaping global economic policies. In the words of Chinese President Xi Jinping,

“We ask for the U.S. to remove negative measures.”

The summit’s focus on technology might influence crypto market volatility, especially for BTC and ETH. Previous U.S.-China policy shifts have triggered significant market reactions due to trade uncertainties.

The outcomes could have financial implications for global tech supply chains, particularly affecting semiconductor and AI chip sectors. Policymaker decisions may shift markets, emphasizing the potential impact on crypto prices and liquidity.

Past U.S.-China trade tensions, like tariff escalations, have historically led to volatility in crypto markets. This precedent suggests the current talks might similarly influence asset prices and trading behaviors.

Experts from Kanalcoin suggest that any new trade policies or restrictions could affect crypto ecosystems. Their analysis draws parallels to previous trade disputes that triggered sharp asset fluctuations in the past.