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DRO - Chart and TA., page-2700

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    Not DRO related. But does directly influence the market (US futures are very green).


    China & USA just announced a 90 day pause on tariffs.


    Bessent: We have reached agreement with China on a 90-day pause, moving down tariff levels


    • Both sides will move reciprocal/retaliatory tariffs down by 115%
    • Both sides very committed to 90-day pause period (Greer)
    • An effective trade embargo was not sustainable practice for both sides (Greer)
    • Throughout the trade process, we have had a plan in place
    • And now, we have a mechanism for continued talks
    • The consensus this weekend is that neither side wants a decoupling
    • We do want more balanced trade, would like to see China open to more US goods
    • As negotiations move forward, think there is a possibility to see purchase agreements
    • Look forward to very good discussions now that there is the mechanism in place for talks



    https://www.forexlive.com/news/bessent-we-have-reached-agreement-with-china-on-a-90-day-pause-moving-down-tariff-levels-20250512/amp/

    Last edited by Sharesdude: 12/05/25
 
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