#green_lamp 👀 Warming relations between the USA and China?
🖥 Bloomberg reports: Beijing has officially confirmed that it is considering the possibility of negotiations with the USA regarding tariffs.
🗣️ This is the first signal for dialogue since Trump raised tariffs to the ceiling. According to China, Washington has repeatedly hinted at a willingness to discuss — now the ball is in Beijing's court.
📈 Markets immediately perked up:
— Hang Seng China Enterprises index +1%,
— yuan and Australian dollar — up,
— analysts are calling this news "the first rain after a long drought."
🗣️ But there is still a long way to go before agreements. Beijing wants to see a specific representative from the USA, and with Trump's approval.
⏳ The longer the pause, the higher the risk of isolation: India and Japan already have deals with the USA, while China is currently left out.