#TradingPsychology

Update on some tariff developments from U.S. Trade Representative Jamieson Greer:

- About 50 countries are negotiating with the United States regarding tariffs.

- Many countries have stated they will not retaliate. Some have lowered tariffs.

- China has shown no signs that they want to move toward reciprocity.

- There is a marked difference between China and other countries seeking to negotiate.

This is the first time a Trump administration official has testified since the tariff levels were announced to address concerns about the impact of tariffs on the U.S. stock market and global trade from Congress.