Unexpected step: trump again scared of the collapse of the markets

UNITED STATES, WASHINGTON (VOP TODAY NEWS) — An unexpected turn: the de-escalation of the trade war between China and the United States revitalized the markets. Investors began to buy cheaper assets.

US stock indices soared by about 1.5%, oil prices rose by almost 5%, and defensive assets such as US bonds fell sharply in value.

The reason for optimism was the decision of the American authorities to postpone the introduction of 10% duties on Chinese imports. Some products, as reported by the US Trade Representation, it was decided to completely remove from the tariffs, and for others – especially electronics – to postpone the introduction of duties until December 15.

Market sentiment has changed dramatically. According to analysts, the positive will continue for some time. In addition to the announced concessions, official representatives of the parties held telephone conversations and agreed to hold a new conversation in a similar format by the end of August.


“It’s good that some tariffs will be canceled. But I would like to note that not all fees are canceled. The reason the Trump administration does this is to try to help the consumer in the Christmas season. This is obvious, as from “Electronics and mobile phones are being deducted. The shares of these companies have shown very strong growth. But all this still does not solve the main problem: corporate America does not know the rules by which it will have to work.”

It is also worth noting that the United States and, in particular, Donald Trump are already softening their position once stock markets begin to fall too much.


Oil prices rose nearly 5% on Tuesday. A barrel of Brent mix at the moment reached $ 61.5.

Intraday growth in the oil market has peaked over the past seven months.

Could not greatly spoil the mood and statistics on reserves from the American Petroleum Institute. Crude oil inventories in the US grew by 3.7 million barrels, although a reduction was expected.


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