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On Tuesday, Trump signed an executive order to extend the suspension of tariffs on Chinese goods for an additional 90 days. This decision creates conditions for continued dialogue between the United States and China.
For the cryptocurrency industry, this means that the government has temporarily shelved plans to impose additional tariffs on mining machine imports. This move allows related companies to temporarily avoid the pressure of rising costs, winning valuable time for the industry's development.
This decision reflects the relatively cautious attitude of the U.S. government in handling Sino-U.S. trade relations. At the same time, it also highlights the importance of the cryptocurrency mining industry in the global trade landscape.
Although this is only a temporary relief, it is undoubtedly a positive signal for the cryptocurrency industry that is experiencing market volatility. This 90-day buffer period may be used by industry insiders to adjust strategies and prepare for possible policy changes.
However, industry experts remind us that this temporary relief should not lead to complacency. Relevant companies still need to closely monitor policy trends and consider long-term response strategies.