#TariffsPause
⚡ Global markets are anticipating and analyzing ⚡🔥
* Following unconfirmed reports about China's intention to lift tariffs on American goods, primarily:
- Technology chips related to artificial intelligence.
* This news comes despite China's denial of any negotiations with the American side, while the other side insists that channels of dialogue are open.
⚡ Markets reacted quickly:
- Gold prices fell to $3,320 per ounce.
- Meanwhile, stock indices rose, led by technology and industrial sectors.
- The US dollar began to recover some of its losses, showing a clear rebound after hitting a three-year low.
* In a related context, US monetary policy officials issued warnings regarding the impacts of tariffs on the economy, particularly concerning inflation and employment.
* While some voices called for caution and reliance on data, others warned that uncertainty could lead to a freeze in investment decisions and rising unemployment rates.
- Concurrent statements from the American side showed a tendency to soften the confrontational tone with Beijing, amid hopes of reaching a "big deal" on the trade front.
* The issue of high tariff revenues remains a point of contention:
- Are they sufficient to offset the cost of tax cuts, or will their inflationary effects outweigh their financial gains?