US President Donald Trump has just announced the first trade agreement between the US and the United Kingdom, because in April he imposed higher rates for the input that shaking world markets.
In a post on the social media platform Truth Social, Trump says that the deal will yield $ 6 billion in external income of 10% rates.
The president says that the agreement will also open $ 5 billion in export options for American farmers, cattle farmers and producers and the national security for both the US and the UK strengthen an aluminum and steel trade zone and a pharmaceutical supply chain.
“Today is an incredible day for America, because we deliver our first fair, open and mutual trade agreement – something that our earlier presidents never mention. Together with our strong ally, the United Kingdom, we have reached the first historical trade agreement since Liberation Day.”
The price of Bitcoin (BTC) jumped after the announcement. The Cryptocurrency flagship is now traded for $ 102,644.00, an increase of 5.86% in the last 24 hours.
The wider market for digital assets also responded positively to the news. According to data from the Coingecko market aggregator, global cryptocurrency market capitalization is now $ 3.32 trillion, an increase of 5.54% in the last 24 hours and 35.16% compared to a year ago.
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