Key Points
- •Main agreement involves tariff suspensions affecting Chinese goods and export control rules.
- •Includes a one-year suspension on retaliatory tariffs and key trade measures.
- •No specific effect on crypto markets; historical cadence suggests potential short-term stability.
On October 30, the US and China agreed to temporarily adjust tariffs and export controls, including the suspension of the 'Fentanyl Tariff' and reciprocal tariff measures.
This agreement may stabilize global markets, affecting traditional and cryptocurrency investments amid reduced geopolitical trade tensions.
U.S.-China Tariff Suspension: Key Economic Shifts Announced
Both nations have suspended certain tariffs and measures aimed at reducing friction over the next year. The U.S. cancels the 10% "Fentanyl Tariff," while continuing the suspension of the 24% retaliatory tariff on Chinese goods. China plans to adjust its retaliatory tariffs accordingly.
Immediate implications of the deal include a pause on export controls impacting blacklisted entities by U.S. businesses. Both countries agreed to suspend Section 301 investigation measures related to maritime industries. This move was expected to bolster global market confidence, although no direct crypto market changes were reported.
Reactions were largely positive from both U.S. and Chinese officials, citing benefits for bilateral relations. Chinese government sources termed the compromise "hard-won," emphasizing its potential to add stability to the global economy.
The outcomes and mutual commitments made during the dialogue demonstrate our shared vision to enhance bilateral economic cooperation.
He Lifeng, Chinese Vice Premier
Past Trade Suspensions Offer Insights Into Crypto Market Trends
Did you know? The last major U.S.-China tariff suspension in 2019-2020 correlated with short-term global market rallies and modest crypto value gains, particularly in Bitcoin and Ethereum, as geopolitical tensions briefly eased.
As of October 30, 2025, Bitcoin (BTC) holds a market cap of $2.22 trillion, maintaining dominance at 58.94%, with trading volume up 9.07% since the previous day. However, the price decreased by 1.89% over 24 hours, with fluctuations noted over the past three months. Data from CoinMarketCap
Experts from Coincu suggest that while these tariff suspensions alone might not directly influence digital assets, the broader trade stability could indirectly benefit cryptocurrencies. Past patterns show temporary boosts in crypto markets when macroeconomic tensions ease. New Policies to Boost Global Economic Cooperation