Trump could achieve China Tariff Victory – but this is the surrender day | Trump -Zölle

Donald Trump will inevitably claim the temporary ceasefire on Monday in the US China trade war, but the financial markets seem to have read it for what it is-a surrender.

The stocks got up and the income yields were higher after the press conference in Geneva, Scott Bessent, in Geneva in Geneva, in Geneva, where he had talks with China, the press conference of the US Ministry of Finance was higher.

As with the British “trade agreement” last week, the United States does not return to the status quo before Trump arrived in the White House.

Instead, the tariffs for Chinese goods will be reduced from 145% to 30% for a period of 90 days. In return, China reduced its own tariffs for US imports to 10%, of the 125% that it had imposed on retaliation against the White House.

This is still a great shift in trade conditions between the two countries since Trump got power, but is far behind a trade embarrass.

The two sides have undertaken to speak further, but there was no reference in the white house's explanation of other handles that had previously raised about China, including the weakness of the Yuan.

Instead, the explanation welcomed “the importance of a sustainable, long-term and mutually advantageous economic and trade relationship”. The language was quite different from Trump's speech on the day of liberation that the United States was “looted, looted, raped and looted by nations nearby and wide”.

In other words, the president thought. It may have been influenced by market jackets, but it seems more plausible that poor warnings from single dealers from empty shelves – secured by data that showed shipments in the US ports, may have strengthened the hands of trade moderates in the administration.

Trump confronted with warnings of a lack of toy and said reporters that children should be satisfied with “two dolls instead of 30 dolls”, and they could “cost a few more dollars” than usual. However, it is difficult to imagine that even this most optimist president of the attacks that would come in the way of the lack of treads in covid style in the world's largest economy is regarded.

Instead, the White House seems to have decided on a tactical withdrawal. The conflict in China-US was always the hottest theater of confrontation in Trump's trade war with a longer history and deeper public support than his quixotic attacks on Mexico and Canada.

If Trump is indeed ready to give in with Beijing, a signal is sent that some of the other aggressive aspects of his trade policy may be negotiable.

However, what Bessent and his Chinese colleagues have not deleted is the corrosive uncertainty that investors in the entire global economy has grasped since Trump's “Liberation Day” tariff.

The tariffs in China have only been temporarily reduced, and many other countries are still waiting for negotiations where their tariff levels will end after this other 90-day break about Trump's “mutual” taxes in July.

In the meantime, companies in the entire global trading system are wondering which special iteration of the directive will remain likely, and may well be tried to continue working in the USA if possible.

And since 30% tariffs remain with Chinese exports to the United States, the larger picture of two large business powers are directed.