China hopes the US to resolve concerns through dialogue | Crypto Craft
Comment Options
ZforexCM
Oct 14, 2025 1:16am
Permalink
U.S. Treasury Secretary Scott Bessent said Monday that Trump is still expected to meet Chinese President Xi Jinping in South Korea later this month, as both sides continue discussions aimed at cooling trade tensions. He added that tariffs will remain on hold until November 1, signaling a temporary pause in escalation.

However, friction persists: China has begun imposing port fees on vessels linked to the U.S., with Washington preparing a reciprocal response on October 14, marking a new front in the ongoing trade dispute.

Brent crude was supported by hopes of easing US-China trade tensions after President Trump signaled openness to a deal with Beijing. Prices were also lifted by Trump’s consideration of supplying Ukraine with long-range missiles, raising concerns over Russian supply. Gains were limited, however, as tensions eased following hostages’ release and concerns persisted over a potential supply glut from rising global output.

Brent faces resistance at $64.90, with key support at $62.20.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 39 KB
Click to Enlarge Name: screenshot.png Size: 9 KB
Reply

  • Related Stories

China Tightens Scrutiny Of Rare Earth Magnet Export License Applications– RTRS
From @LiveSquawk | Oct 14, 2025 | 85 comments
China Tightens Scrutiny Of Rare Earth Magnet Export License Applications; Scrutiny Is Similar To April, At Height Of US-China Trade War – RTRS Cites Sources
Crypto Market Sheds $150 Billion as China Hits Back at the US
From beemarkets.com | Oct 14, 2025
Cryptocurrencies continued to lose ground after a historic round of liquidations that triggered a sharp selloff over the weekend, as trade tensions weighed on risk assets. Bitcoin, the largest digital asset, slumped as much as 4% to about $111,200 on Tuesday morning in London, while Ether fell 7.8% to below $4,000. Smaller, more volatile tokens sank further ...
Bitcoin climbs after President Trump says trade relations with China will be fine
From youtube.com/cnbctelevision | Oct 13, 2025
On today's episode of CNBC Crypto World, major cryptocurrencies climb after President Trump said trade relations with China “will all be fine.” Plus, a Citi executive tells CNBC the bank is aiming to launch its crypto assets custody service in 2026. And, Marco Margiotta, CEO of House of Doge, the official commercial arm of the Dogecoin Foundation, discusses ...
  • Story Stats