According to ChainCatcher, BMI stated in the comments that the extension of the tariff suspension deadline in the U.S. may be interpreted by the market as positive news. Trump announced the negotiation agreement would be extended for three weeks, reducing the risk of a sudden sharp increase in tariff rates.
BMI pointed out that negotiations may be complex, and some trade agreements might be ambiguous in detail, ultimately becoming a framework rather than a full agreement. Some deals may be postponed until September or October, and final details may take longer to reach consensus.