#TariffsPause Short-term financial market: Positive signals from US-China tensions

In the context of what seemed to be escalating US-China trade tensions, the global financial market unexpectedly received positive signals.

President Trump has reiterated his firm stance: he will not reduce tariffs on Chinese goods without receiving "beneficial concessions for 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 alleviating pressure from the domestic business community.