US Pres. Trump's tariffs delay is positive – People’s Daily

Dhwani Mehta FXStreet

Amid the US-China trade optimism, China’s official Communist Party newspaper, People’s Daily, offers some positive comments on the US President Trump’s gesture to delay the tariffs on Chinese imports by two weeks.

Key Quotes:

Trump's tariffs delay is positive.

Calls for joint action to resolve the trade dispute.

The USD/JPY pair consolidates the recent rally to six-week highs of 108.17, as S&P 500 futures and Treasury yields hold the upside amid latest olive branch offered by China in response to US President Trump’s tariff’s delay.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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