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Donald Trump and the War Tarifa with China: Nalad Trump has announced to reduce tariffs on China, which has led to a wave of relief in global markets. He has retained the president of the Fed, Jerome Powell.
Donald Trump has indicated to bend in the war rate with China.
Highlights
- Donald Trump announced to reduce tariffs on China.
- The president of the Fed, Jerome Powell, was held in office.
- A wave of relief was executed in global markets.
Donald Trump and the war rate with China: the president of the United States, Donald Trump, is now seen taking a soft attitude in the war tariff with China. He has already put a break in tariffs with all other countries for 90 days. This Trump attitude has ruined a wave of happiness in the world. Global markets have sighed in relief. In fact, in the midst of the rate that has been published for some time, Trump announced that he would not eliminate the president of the United States Federal Reserve, Jerome Powell from his position and would reduce the 240% rate of 240% imposed on China to a large extent.
Donald Trump and Powell’s dispute
For some time, Donald Trump had carried out strong attacks against the president of the Federal Reserve, Jerome Powell. He accused Powell not to reduce interest rates. Powell warned that Trump’s tariff policy could increase inflation in the United States. Because of this, there was a fear in the markets that Trump could eliminate Powell. But on Tuesday, Trump made it clear that I have no intention of eliminating Powell. I want it to be slightly active in reducing interest rates. This is the right time for this. Even if it does not, there is no end. This statement increased confidence in investors and the US stock markets.
Cut Rate in China
Trump put a 240% heavy tariff on several products from China after becoming president again in January 2025. In response, China also imposed a 125% rate in US goods. This commercial war reduced trade between the two countries and the greatest uncertainty in global markets. On Tuesday, Trump admitted that the 240% rate is very high. He said this rate will be low to a large extent. It will not be around that level, but it will not be zero.
Trump also said that China would have to reach an agreement to continue trade with the United States. His statement indicated that commercial conversations between the United States and China are moving in the right direction. On the other hand, the United States Finance Minister Scott Besant said in a private JP Morgan Chase program that the War of Rates with China cannot last long. I hoped that the tension in this matter will soon be reduced. The event took place during an IMF and World Bank meeting. After Besant’s statement, the main shares of Wall Street bouncing and Asian markets also saw a boom on Wednesday.
White House Response
The White House Press Secretary Caroline Lewitt said the work is being carried out towards the commercial agreement between the United States and China. He told him that the president and his team are creating an atmosphere for an agreement. The ball moves in the right direction. However, China has not yet confirmed that it is involved in a formal conversation with the United States.
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