#TariffsPause
China reduced some US imports from its high tariffs, signaling a potential easing of the trade war, but Beijing quickly denied President Trump’s claim of ongoing talks, calling it “fake news.” US stocks rose, driven by tech shares, as investors monitored the tariff standoff. No formal negotiations have taken place, with China urging the US to lift unilateral tariffs to resolve trade issues. Meanwhile, Trump’s administration continues to apply pressure, with no clear resolution in sight, raising concerns about further economic decoupling and global market impacts.