#TariffsPause Short-term financial market: Positive signals from US-China tensions

In the context of seemingly escalating US-China trade tensions, the global financial market unexpectedly received positive signals.

President Trump has just reaffirmed his tough stance: he will not reduce tariffs on Chinese goods unless he receives 'favorable concessions for the United States'. However, what is noteworthy is that China is taking a softer approach. According to Reuters, Beijing is exempting some imported goods from the US from the exorbitant 125% tariff, a move believed to be aimed at alleviating pressure from the domestic business community.