Mutual Tariff D-12… Trump in a secret meeting: “There will be flexibility”
As the deadline for mutual tariffs approaches in 12 days, President Donald Trump has indicated potential flexibility regarding the impending measures. In a recent statement, Trump mentioned that his top trade representative plans to engage in discussions with Chinese counterparts next week, aiming to address trade imbalances and alleviate tensions.
This development has positively influenced investor sentiment, contributing to modest gains in major U.S. stock indexes. The Dow Jones Industrial Average and the S&P 500 both experienced slight increases, while the Nasdaq Composite ended a four-week decline, reflecting cautious optimism in the markets.
The administration has also been exploring a more flexible approach to tariff policies. Recent internal discussions have focused on creating a comprehensive tariff strategy that aligns with the President's objectives while allowing for adaptability in negotiations.
These developments underscore a potential shift towards more flexible trade policies as the tariff deadline nears, with ongoing negotiations aiming to mitigate economic impacts and foster international cooperation.
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