In a significant development, U.S. Treasury Secretary Scott Bessent has stated that a trade agreement with China might be finalized by Labor Day. This update marks a fresh wave of optimism in the long-standing economic discussions between the world’s two largest economies.
Such a timeline suggests that both sides are making headway toward resolving complex issues like tariffs, intellectual property rights, and supply chain resilience. If successful, the deal could significantly reduce tensions and bring much-needed stability to international trade.
BREAKING: U.S. Treasury Secretary Scott Bessent says a trade deal with China could be finalized by Labor Day. pic.twitter.com/ftorxghxux
— Cointelegraph (@Cointelegraph) June 27, 2025
Should the US-China trade deal materialize, it could have several ripple effects:
Although not directly tied to crypto, trade stability influences investor behavior across all markets, including digital assets. A successful US-China agreement might increase investor confidence globally, potentially driving more interest in alternative assets like Bitcoin and Ethereum during the resulting economic upswing.
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