{"id":53412,"date":"2025-10-17T11:31:45","date_gmt":"2025-10-17T11:31:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=53412"},"modified":"2025-10-17T11:31:45","modified_gmt":"2025-10-17T11:31:45","slug":"bitcoin-price-reacts-immediately-as-trump-says-tariffs-on-china-wont-stand","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=53412","title":{"rendered":"Bitcoin Price Reacts Immediately as Trump Says Tariffs on China Won\u2019t Stand"},"content":{"rendered":"
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US President Donald Trump just said that the tariffs that were supposed to be imposed on China as of November 1 won\u2019t stand.<\/p>\n

Bitcoin\u2019s price reacted with an immediate uptick that pushed it from its multi-week bottom (on most exchanges) back to $106,000.<\/p>\n

Recall the developments that took place last Friday when the POTUS threatened China with a new wave of tariffs, which were later made official with a starting date of November 1. Some Chinese products were supposed to be taxed at over 100%.<\/p>\n

This political turmoil caused an immediate crash in the cryptocurrency markets. Bitcoin stood above $122,000 but crumbled below $117,000 within minutes, and then the cascading effect of billions of dollars in overleveraged positions drove it even further south<\/a> to under $110,000 on most exchanges and all the way down to $101,000 on Binance.<\/p>\n

Further reports on the matter revealed that this might have been one big misunderstanding<\/a> between Beijing and Washington, and the tension between the two superpowers began to de-escalate.<\/p>\n

Just minutes ago, Trump was asked whether the 100% tariffs on China will stand. He responded with a \u201cNo,\u201d and added that \u201cI think we will be fine with China.\u201d Both countries\u2019 presidents are supposed to meet in two weeks.<\/p>\n

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BREAKING: President Trump was just asked if his 100% tariff on China will stand.<\/p>\n

His response: \u201cNo.\u201d<\/p>\n

\u2014 The Kobeissi Letter (@KobeissiLetter) October 17, 2025<\/a><\/p>\n<\/blockquote>\n