Over the past 24 hours, tensions between the US and China have stayed high, mainly over ongoing trade disputes. China made a small move by lowering tariffs on some US imports, hinting at a possible cooling of the trade war. However, Beijing quickly pushed back on President Trump’s claims that negotiations were underway, calling them 'fake news.'
US stocks, especially tech shares, climbed as investors watched the situation closely. Despite the market reaction, no formal talks have actually taken place. China is urging the US to remove unilateral tariffs if they want real progress. Meanwhile, the Trump administration continues to ramp up the pressure, leaving the outlook uncertain and raising fresh concerns about deeper economic decoupling and broader impacts on global markets.