Reported 2 days ago
China has signaled its willingness to engage in trade negotiations with the US, provided there is mutual respect and consistency from the US administration. This development comes as tariffs on Chinese imports have surged, with rates reaching as high as 245%. The ongoing trade war has significant implications for global markets, affecting major companies like ASML and Nvidia. Investors are increasingly concerned about the potential economic fallout as the situation evolves, while US Treasury Secretary Scott Bessent remains hopeful for clearer trade deals in the coming months.
Source: YAHOO