#TariffsPause
⚡ Global Markets Await and Analyze ⚡🔥
* Following the circulation of unconfirmed news about China's intention to lift tariffs on American goods, most notably:
- Artificial intelligence-related technology chips.
* This news came despite China's denial of any negotiations with the US side, while the other side insists that dialogue channels are open.
⚡ Markets reacted quickly:
- Gold prices fell to $3,320 per ounce.
- While stock indices rose, led by the technology and industrial sectors.
- The US dollar began to recover some of its losses, recording a clear recovery from its three-year low.
* In a related context, US monetary policy officials issued warnings about the impact of tariffs on the economy, particularly with regard to inflation and employment.
* While some voices called for caution and reliance on data, others warned that the uncertainty could lead to a freeze in investment decisions and a rise in unemployment rates.
- Simultaneous statements from the US side have shown a tendency to soften its confrontational tone with Beijing, amid hopes of reaching a "great deal" on trade.
* The revenues from the high tariffs remain a source of controversy:
- Will they be sufficient to offset the cost of the tax cuts, or will their inflationary effects outweigh their financial gains?
* Do rumors succeed in changing the course?