#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 tough stance: he will not reduce taxes 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 certain imported goods from the US from the high 125% tax, a move believed to be aimed at reducing pressure from the domestic business community.