$ETH In the context of what seems to be a resurgence of US-China trade tensions, the global financial market unexpectedly received positive signals.

President Trump has reaffirmed his hardline stance: he will not reduce tariffs on Chinese goods without receiving "concessions beneficial to the United States." However, it is noteworthy that China is taking a softer approach. According to Reuters, Beijing is exempting certain imported items from the US from the exorbitant 125% tariff, a move believed to be aimed at reducing pressure from the domestic business community.