U.S.-China Tariff Suspension Agreed at Geneva Talks – Coincu

China agreed to suspend 24% additional tariffs on U.S. goods for 90 days after Geneva trade discussions involving China, the U.S., and Japan on June 6, 2025.

The tariffs suspension aims to stabilize international trade, potentially affecting global market dynamics.

Geneva Talks Lead to Tariff Suspension Agreement

Recent diplomatic interactions between China, the U.S., and Japan in Geneva have led to China suspending 24% additional tariffs on U.S. goods. He Lifeng, Vice Premier of China, played a key role in fostering these discussions.

The suspension is set for 90 days. This agreement highlights a shift towards reducing hostility in trade relations. Benefits from trade stabilization may continue beyond the initial period.

President Xi Jinping and President Donald Trump emphasized dialogue and cooperation as pivotal. Market watchers expect an increase in risk asset activities as trust is rebuilt. As President Xi stated, “Dialogue and cooperation is the only right choice for China and the United States, emphasizing partnership after the Geneva meeting.”

Bitcoin Price and Market Reactions Amid Tariff News

Did you know? During the 2018–2019 trade tensions, major asset classes, including cryptocurrencies, experienced heightened volatility tied directly to evolving trade policies.

As of June 6, 2025, Bitcoin (BTC) trades at $103,742.49 with a market cap of $2.06 trillion, accounting for 63.70% of market dominance. Within 24 hours, it saw a 0.88% decline. Data from CoinMarketCap highlights a 30-day rise of 6.85% while noting a 90-day growth rate of 20.49%.

Despite the apparent stability in trade flows, financial experts anticipate a long-term impact on the technological and regulatory landscape. Historical analysis indicates that de-escalations such as this often lead to more favorable market conditions.