#MarketRebound

Trump: Tariffs on China will decrease significantly, but not to zero

🔶On April 23, the Pana News Agency reported that U.S. President Trump stated, according to Soho News, that the current high tariffs imposed by the United States on China will decrease significantly, but they will not reach zero. He mentioned that he would take a friendly approach rather than a strict one in negotiations with China. Earlier, U.S. Treasury Secretary Mnuchin said in a closed meeting with investors that the trade war between China and the United States is unsustainable, and he expects the trade war to ease. Under the influence of this statement, the U.S. stock market experienced a sharp recovery.