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Trump Calls Xi Meeting “Amazing” After Tariff Talks in Seoul

Trump Calls Xi Meeting “Amazing” After Tariff Talks in Seoul

coinfomania2025/10/30 16:06
By: coinfomania
BTC+1.95%OP+4.71%

U.S. President Donald Trump described his meeting with Chinese President Xi Jinping as “amazing.” This raises hopes for a breakthrough in trade tensions. That has shaken markets this month. The two leaders met in Seoul in October 2025 during the APEC summit to discuss tariffs and trade policies. Their meeting came at a crucial moment. With crypto traders are closely watching for any signs of relief after weeks of market turbulence.

JUST IN: 🇺🇸🇨🇳 President Trump says his meeting with Chinese President Xi Jinping was "amazing."

"A lot of decisions were made." pic.twitter.com/LcvDqgVJa4

— Watcher.Guru (@WatcherGuru) October 30, 2025

Tariff Talks Bring Optimism to Global Markets

Trump said “a lot of decisions were made” following the high-level meeting. It signals that both nations may be moving closer to easing trade barriers. While details remain limited, reports suggest discussions centered on tariffs, technology exports and agricultural imports. Markets quickly reacted to the news. Asian stocks edged higher in early trading and traders noted improved risk sentiment. 

The crypto market which had suffered steep declines earlier in the month. Due to escalating tariff concerns, it also began to stabilize. Analysts believe that if the U.S. and China agree to pause or roll back tariffs. It could trigger a “risk-on” rally across global markets. One that might extend to Bitcoin, Ethereum, and other major digital assets. A friendlier trade environment typically encourages investors to seek higher yielding opportunities. That includes crypto.

Potential Boost for Crypto Recovery

The crypto sector has been closely tracking the Trump-Xi talks. Earlier this month, rising tariff fears sent Bitcoin below $58,000 with other digital assets following suit. A trade de-escalation could reverse that trend. If the two countries signal progress, traders expect a stronger appetite for risk assets. This could translate into renewed buying across the crypto market. 

On the other hand, if talks stall or produce vague results, volatility could persist. Experts also note that crypto now behaves more like traditional financial markets. During uncertain times, investors often sell riskier assets. This includes digital currency and seeks safer options like gold or the U.S. dollar. But during recovery phases, crypto tends to outperform as investors return to growth assets.

Global Investors Welcome Signs of Thaw

Beyond crypto global investors are cheering what they see as a potential thaw between the world’s two largest economies. A report from Reuters suggested that China recently purchased U.S. soybeans ahead of the meeting. It is seen as a goodwill gesture. Stock markets in both countries responded positively. Chinese equities rose to decade highs. While Wall Street saw modest gains.

But commodity prices like copper and oil remained mixed. As traders waited for concrete details. Still, many investors remain cautious. After years of on-and-off trade tensions. They are wary of celebrating too soon. “Markets have seen this movie before,” one analyst noted, referencing past negotiations that ended in renewed disputes.

Beyond Tariffs: Technology and Strategy

The Seoul meeting touched on deeper strategic issues. Both countries are locked in a race to lead the future from AI and semiconductors to clean energy tech. These industries are shaping the next wave of global growth, with big implications for investors. Trump called the meeting “amazing.” But officials haven’t confirmed any formal deal yet. Still, analysts expect more updates soon. 

For now, the tone between Washington and Beijing seems to be warming up. A welcome sign for markets hungry for stability. Whether that optimism lasts will depend on how both sides follow through on the “decisions” Trump mentioned. As the world watches closely one thing is clear. The outcome of these talks could shape not only trade policy. But also the future direction of global and digital markets alike.

Key Announcements From the Trump-Xi Meeting

Following the meeting, President Trump confirmed several major developments. He announced that tariffs on Chinese goods would be reduced from 57% to 47%. This marks the first significant tariff cut in years. Trump also revealed plans to visit China in April to sign what he called a “comprehensive trade deal.” In addition, Trump said both sides discussed semiconductors and rare-earth materials. These two areas are central to global technology supply chains. 

He noted that China would begin talks with major U.S. chipmakers like Nvidia to strengthen sourcing partnerships. According to Trump, all rare-earth disputes have now been “settled.” Both nations agreed to work together on progress in Ukraine. Though oil was not part of the discussions. These announcements added further optimism to the day’s tone. It is fueling hopes that the world’s two largest economies are moving closer to long-term economic cooperation.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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