#TariffsPause Short-term financial market: Positive signals from US-China tensions

In the context of what seemed to be escalating US-China trade tensions, the global financial market unexpectedly received positive signals.

President Trump has just reaffirmed his tough stance: he will not reduce tariffs on Chinese goods without receiving 'favorable concessions for 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 exorbitant 125% tariff, a move seen as aimed at reducing pressure from the domestic business community.