Crypto currency Tariffs are more important for investors than the developments of the sector. Tariff developments, which triggered thousands of dollars of ups and downs, were the main agenda item of crypto currencies. For 6 months, investors have been damaged depending on the explanations about tariffs. What are the details of the London talks?
USA-China Agreement
Although the signatures have not yet been signed, Trump gave a great agreement message. For normalization with China, the London process is turned into an opportunity. According to people familiar with the subject Chinese It will take the expected step in rare earth elements. However, export licenses will have a six -month limitation. In other words, the uncertainty for the US industrial giants is not completely eliminated and China wants to keep trump card.
So what will the US will do in return? It will continue to send products such as etan, which are important in the production of jet engines and plastic production to China. If you remember, the US had decided to restrict them.
China will immediately approve the rare land elements licenses of US companies as a result of the London process. The expectation is to complete the process within a week.
The problem of the delay of the license related to the Nadir Toprak Elements, which was understood in the Geneva meeting, was thus exceeded. At the same time, the fact that the United States will relax the restrictions can be seen as an effort to ötmek the process with less loss ”. Although the renewal of licenses after six months is a trump for China, such balancing details may not be so bad for the parties to be gentle against each other.
Effects for Crypto Coins
The United States said quite positive things about the Chinese agreement. In China, even if it is delayed, he will soften his discourses and make a statement he talks about the importance of mutual cooperation. The tension will not climb and compromise crypto currency He has already shown himself in his graphics. Within a week, more profitable can be made as a result of uncertainty that will decrease by signing signatures and granting licenses.
BTC It is already lingering in the region of 110 thousand dollars and aims at 112,000 dollars with ADH level. Since agreements with trade partners such as India and Japan have come to an end, the better we see the more signatures in the next 15 -day period. Crypto Coins After the intense pressure that has been ongoing for months, we should start relaxation rally and see a rise especially for the subcoins.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
