#StopLossStrategies The Ministry of Finance of China has increased tariffs on certain types of imports from the U.S. to 125%. The decision took immediate effect and was accompanied by sharp statements from Chinese officials, who called these measures a defensive reaction to what they termed unilateral economic aggression.

The Ministry of Foreign Affairs of China labeled the actions of the U.S. as "hegemonistic" and "intimidating," while the Ministry of Commerce called this move a "mistake upon mistake."

Markets reacted ambiguously to the new tariffs. For instance, Bitcoin, which had fallen about 0.60% before Beijing's announcement, continued its recovery that began the day before. Over the past day, the flagship cryptocurrency rose by 5.1%.

Gold also continued its rally, adding 0.35% during the session. U.S. Treasury bonds were also in demand. Prices for 10-year bonds rose by 0.12%.

Meanwhile, Chinese bonds mostly remained unchanged. The yield on 10-year Chinese government bonds rose by just 0.01%. This indicates either that the market has fully priced this in, or that expectations are that the People's Bank of China may intervene to ensure stability.