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

Amid expectations that US-China trade tensions would escalate again, the global financial market unexpectedly received positive signals.

President Trump has reaffirmed his tough 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 high 125% tariffs, a move believed to be aimed at easing pressure from the domestic business community.