U.S. President Donald Trump made headlines with his latest remarks that caught the attention of the financial world. So, what’s the current status of U.S. tariffs? Speaking during an executive order signing ceremony at the White House, Trump stated that negotiations with China on tariffs are ongoing, adding, “I believe a deal could be reached within 3-4 weeks.”
Trump emphasized that the Chinese side had reached out multiple times, signaling a willingness to resume talks. When asked whether negotiations were continuing despite active tariffs, he responded, “Of course.” Although he did not confirm direct communication with Chinese President Xi Jinping, he hinted at upcoming contact by saying, “I will be speaking soon.”
90-Day Pause: Not Related to Bond Market
Shortly after these statements, Trump made another headline-grabbing comment: “We’re implementing a 90-day pause until I get the numbers I want. This pause is not because of the bond market,” he said, drawing further attention. This move has introduced temporary uncertainty in the markets, prompting investors to reconsider their strategies.
When asked about possible retaliatory measures if China raises tariffs, Trump replied, “At some point, people just don’t want to buy anymore. That’s why I don’t want to raise them further,” signaling a reluctance to escalate the trade war.
Markets on Edge Amid U.S. Tariff Uncertainty
These developments indicate that we are entering a critical phase in U.S.-China trade relations. A possible agreement in the next 3 to 4 weeks could significantly impact not only the two economies but also global markets. Trump’s emphasis on the “numbers I want” suggests that specific economic targets are being pursued ahead of any final deal.
In conclusion, the 90-day pause and the expectation of a possible agreement mean that investors will closely monitor markets in the coming weeks. Tariff policies and key economic indicators will likely dominate financial discussions during this time.
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