#TariffsPause

Tariffs Pause: US-China Tensions Continue*

Over the past day, US-China trade tensions remained high, with mixed signals on potential progress. China lowered tariffs on select US imports, hinting at a possible de-escalation in the trade war. However, Beijing swiftly dismissed President Trump’s assertion that negotiations were ongoing, labeling it as fake news.

Amid the uncertainty, US stocks climbed, buoyed by gains in the tech sector, as investors cautiously watched the tariff standoff. No formal talks have occurred, with China insisting that the US must first remove unilateral tariffs to move toward a resolution. Meanwhile, the Trump administration maintains its pressure campaign, leaving the trade dispute unresolved and fueling concerns over deeper economic decoupling and broader global market repercussions. #TariffPause