China's He says MOFCOM advises Chinese firms to seek a refund of US tariffs; US tax refund measures are a positive step in correcting mistakes

This headline signals a potential easing of tensions in US-China trade relations, indicating that China is encouraging its firms to pursue refunds on US tariffs. This could be seen as a conciliatory move by China, which may foster a more favorable trading environment and impact sentiment across commodities and equities tied to trade exposure. Watch for possible market reactions in related sectors and the broader implications for trade policy.