US government seeks balanced trade with China, not system change
Crypto Briefing
US Trade Representative Jamieson Greer emphasized that the US seeks balanced trade with China rather than fundamental changes to its economic system.Summary
US Trade Representative Jamieson Greer has signaled a shift in strategy, focusing on achieving "balanced trade" with China under existing tariff frameworks rather than demanding structural economic overhauls. This shift comes as current 145% tariffs on Chinese-made hardware, such as ASICs, continue to strain the US Bitcoin mining industry by significantly increasing infrastructure costs. With China strengthening its manufacturing regulations, the geopolitical tension remains a critical factor for crypto markets, as analysts note that a diplomatic trade truce could help stabilize digital asset volatility and investor confidence.
(Source：Crypto Briefing)