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

In a context where it seemed that US-China trade tensions would escalate again, the global financial market unexpectedly received positive signals.

President Trump has just reaffirmed his hardline 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 goods from the US from the extremely high 125% tariff, a move believed to ease pressure from the domestic business community.