Global markets have reacted positively to the U.S. and China’s decision to ease tariffs, though economic uncertainties persist. An executive order reduced the ‘de minimis’ tariff on Chinese shipments, signaling a potential de-escalation of trade tensions. While stock futures and global indices surged, analysts caution that the overall effective tariff rate remains historically high. Economic data, including consumer price inflation, will provide further insights into the impact of these measures. Meanwhile, geopolitical dynamics continue to influence market sentiment, with U.S. President Trump visiting the Middle East to focus on economic deals. — new from Reuters
