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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 a 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 certain imported goods from the US from the exorbitant 125% tariff, a move seen as aimed at reducing pressure from the domestic business community.