Chinese Vice Commerce Minister Li Chenggang: Any deal to be reached will be in China's development interest.

🚨Trump's "most important and impactful" Truth ever issued

Citi: US-China trade talks likely to result in a potential "Phase 1.5" deal.
*Tariffs related to fentanyl and escalatory tariffs could be rolled back
*China is likely to make concessions in reversible areas
*probably that US effective tariff rate on imports from China will be reduced to around 45% as talks move to challenging phase of negotiations

Metaplanet acquires additional 1,241 bitcoins overtaking El Salvador. This latest purchase brings Metaplanet's total holdings to 6,796 BTC with an average purchase price of $91000.

🚨US Treasury Secretary Bessent to provide a briefing on US-China talks at 08:00 BST / 03:00 ET, via Bloomberg. [in 30 minutes]

US-China tariff reductions to exceed 100%. -sources

Always

🚨China-US Joint Statament: China to lower tariffs on US goods to 10% from 125% for 90 days

🚨China-US Joint Statament: US tariffs on China to include a 10% base plus a 20% fentanyl levy

🚨China-US Joint Statament: US & China to change tariff rates by May 14th

🚨🚨China to reduce tariffs on United States goods to 10% from 125%, United States to reduce tariffs on Chinese goods to 30%, from 145%

🚨Bessent: We've reached an agreement on a 90 day pause and have substantially moved down the tariff walls

Bessent: We now have a process, plan and mechanism to continue to talk with China

Bessent: Neither side wants a decoupling [send everything]

Gold $3,430 top confirmed [rotation into crypto started weeks ago]

US 10 year, 20, 30 year yields up [market has gone risk on]

JP Morgan: US-China tariff cuts exceed expectations [and so will the pumps at US open]

🚨CNBC Africa crypto show host Ran Neuner: Truth Social Memecoin launching in next 72 hours. Seems like similar gang to TRUMP coin team.

NASDAQ up nearly 4%

S&P up nearly 3%

ING upgrades China GDP forecast to 4.7% for 2025 after US deal. [macro narrative flipping bullish]