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Bitcoin Price Soars to $82K: Trump Pauses Global Tariffs for 90 Days, Raises China’s to 125%
In a shocking turn of events, Bitcoin prices have surged dramatically, reaching an astonishing $82,000 per coin. This remarkable increase follows a sudden announcement from US President Donald Trump that global tariffs would be paused for the next 90 days, while simultaneously increasing tariffs on China to a whopping 125%.
Trump’s decision marks a significant shift in the administration’s approach. Commerce Secretary Howard Lutnick confirmed he was present when Trump drafted the announcement. “Scott Bessent and I sat with the President while he wrote one of the most extraordinary Truth posts of his Presidency,” Lutnick wrote on Twitter.
The move came after China earlier on Wednesday said it would increase its tariff rate for imports from the US to 84%. In response, Trump declared that any nation willing to negotiate would be heard and potentially rewarded with better trade terms.
Source: https://coincentral.com/bitcoin-price-soars-to-82k-trump-pauses-global-tariffs-for-90-days-raises-chinas-to-125/
