$ETH Short-term financial market: Positive signals from US-China tensions

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

President Trump has just reaffirmed his tough stance: he will not reduce tariffs on Chinese goods unless he receives 'concessions beneficial to the United States.' However, it is noteworthy that China is taking a softer approach. According to Reuters, Beijing is exempting some imported goods from the US from the sky-high 125% tariff, a move believed to be aimed at reducing pressure from the domestic business community.

The Chinese Ministry of Commerce has even set up a special task force to gather a list of goods that may be exempt from tariffs and encourages domestic companies to proactively propose additional items – demonstrating an increasingly evident flexibility in trade policy.

Although both sides maintain tough rhetoric, actual actions reveal a process of 'soft de-escalation' between the two largest economies in the world – a factor that could continue to support positive sentiment in the global financial market in the short term.

Conclusion: Stability in US-China trade relations is a key factor, and recent signals indicate that confrontation risks may be receding, opening up room for growth in the stock market, commodities, and even digital assets in the near future.v2