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

In the context where US-China trade tensions seem to be escalating 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 without receiving 'concessions beneficial to the United States'. However, what is noteworthy is 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 alleviate pressure from the domestic business community.

The Chinese Ministry of Commerce has even