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Easy come go, easy go come? Trump is out speaking and saying that he thinks things will be fine with China and when asked if the high tariffs against China will stand, he responded with a “no, but it could stand”. That’s enough for markets to bounce with S&P 500 futures now cutting losses to just 0.3% on the day after having been down by over 1% for the most part in European morning trade.More to come..
This article was written by Justin Low at investinglive.com.
💡 DMK Insight
DMK Insight: Trump's ambiguous stance on tariffs suggests a potential shift in U.S.-China trade relations, which could influence market volatility. Investors should be cautious, as such statements can lead to rapid market reactions, reflecting underlying uncertainties in economic policy. The S&P 500's bounce indicates that traders are reacting to sentiment rather than fundamentals, highlighting the importance of monitoring geopolitical developments closely.
📮 Takeaway
Stay alert to U.S.-China trade news as it may impact market movements significantly.
