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US President Trump says he did not discuss tariffs with China

Newsquawk Staff ·

US President Trump says he did not discuss tariffs with China.

What it means

President Trump's assertion that he did not discuss tariffs with China suggests a potential easing of trade tensions, which could be interpreted positively for risk assets. This might mitigate concerns within the equities and commodities markets, particularly for sectors sensitive to trade policy. However, traders should remain cautious, as this statement may not signify a concrete shift in policy and could be subject to change based on future negotiations.

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