$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 hardline stance: he will not reduce taxes on Chinese goods without receiving "concessions beneficial to the US." 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% tariff, a move seen as aimed at alleviating pressure from the domestic business community.