Investors are cautious in the wake of the retreat in the trade war
The United States and China declared a temporary retreat in the trade war. Ninety -day rates have caused positive economic market reactions, but investors are still afraid of this saga’s next chapters.
Three indicators of New York Rose After the announcement of the negotiation made on Monday morning. Nasdaq highlighted the highlight, more than 4%, then S&P 500, which increased 3%, and dough zones – it surpassed 42,000 points.
Germany bags, Japan and China exceeded April 1, during the announcement of Donald Trump’s universal tariffs. The UK FTSE 100 has also increased, but that day is less than the value.
Welcome to the posture of two powers in the market, But still fearing the inefficiency of Trump’s decisions. The sector is expecting details of tariffs and new progress in negotiations with Beijing and other countries.
This measurement Trump declares that he will not cut rates against China. After the deal this Monday, the Republican said that it was already taxes for products The Chinese should not return to 145%of the level, Even with commercial impactions.
“We are not trying to harm China. China is very damaged. This relationship is great. I will talk to President Eleve later this week,” said Donald Trump.
From February 4, Trump imposes tariffs against China – that is, for goods produced in the country – five times.
The first two, 20%, for revenge to call the US government’s “passiveness of Beijing” to curb fentional entry into the United States. On April 2, Trump announced 34% more for China products – 54%. A few days later, with the vengeance of Gi Jinping, rates rose to 145%.
According to US Treasury Secretary Scott Bessent, no sides want to be canceled. “We need trade, we need more balanced trade, and I feel that both sides are committed to achieve it,” Besant said.
In the discussions held in Geneva, Switzerland, Both sides agreed to reduce rates for ninety days. 115%for both cuts. In the United States, 20% of the so -called “fentanil tariffs” are maintained and only 10% of universal tariffs. In China, taxes on Americans are 10%.
In addition, Beijing’s “non -tariff” actions against companies, for example, can be suspended or removed. Conversations will be made to a wide deal over the next three months. The tariff changes are valid on Wednesday.
