Overnight, it seems like a turning point, trade tariff benefits drive expectations for interest rate cuts

Tariffs:

Trump stated that a trade agreement was reached with China on Wednesday

Commerce Department's Lutnick stated that they will continue to maintain the framework of the 'Geneva Trade Agreement' with China, and that the agreement was completed with China two days ago, incorporating the provisions listed in the trade agreement between the US and China into the code. The provisions include various rare earth materials for US wind turbines and jet engines.

At the same time, Lutnick stated that the White House is about to reach agreements with 10 trade partners.

China has not given a clear response to this.

Regarding tariffs, it currently still only reflects Trump's and the US's perspective. It should be noted how many trade agreements Trump can sign in the coming days? At the same time, although an agreement has been signed between the two sides, the focus should still be on how the specific implementation will unfold in the future. Of course, this is beneficial for the current market.