The United States stock markets closed with profits on Wednesday, promoted by statements by President Donald Trump about a possible tariff reduction to imports from China. However, the initial optimism was quickly counteracted by a hard response from Beijing, where Chinese government officials dismissed Trump’s words and They denied any advance in commercial negotiations.
“May I know, China and the United States have not filed consultations or negotiations on the tariff issue, much less have reached an agreement,” said Guo Jiakun, spokesman for the Chinese Ministry of Foreign Affairs.
Wall Street has lost millions of dollars with volatile decisions of Donald Trump
The S&P 500 index rose 1.67% after reaching an intradication of up to 3.6%, reflecting the temporal relief of investors. From the Oval office, Trump said that the tariffs “will be reduced substantially” and promised a friendlier position in future conversations with China. He even said he would avoid mentioning the Origin of COVID-19seeking to lower the tension with the second largest economy in the world.
China responds firmly and accuses the US of incoherence
Far from celebrating the announcement, Beijing described him as insufficient and interpreted it as a Trump attempt to calm the financial markets in the face of internal pressure. “As the saying goes, ‘who tied the bell, must unleash it,” he said to the press he Yadong, spokesman for the Chinese Ministry of Commerce.
“The United States began Unilateral tariff increases. If the United States really wants to solve the problem, you should listen to the rational voices of the international community and its own national actors, completely eliminate all unilateral tariff measures against China and find a way to solve the differences through an equitable dialogue, ”added He Yadong, said Spanish CNN.
In addition, from Beijing they consider that Trump’s apparent moderation obeys a Strategy to reassure US investors than to a real intention to resolve the conflict.
Wu Xinbo, director of the Center for American Studies of the Fudan University in Shanghai, said that China “is in no hurry” to speak and is well prepared to withstand the economic pressure.
Washington proposes staggered sales, but does not convince
According to the Wall Street Journal, the Trump administration is considering a reduction of tariffs to Chinese products in a strip of between 50% and 65%, with a stepped scheme: 35% for non -critical goods and up to 100% for strategic sectors. Currently, tariffs can reach up to 145%.
Despite this, the Treasury Secretary, Scott BesentHe clarified that there is no formal proposal, and that alternatives are being evaluated beyond the levies. “There is an opportunity for a great agreement,” he said during an event in Washington, but also criticized that China remains considered a “developing country” in international treaties.
Global volatility: markets, dollar and gold in motion
Although Wall Street He initially reacted with profits, US futures fell during the Asian session on Thursday: Dow Jones lost 0.28%, the S&P 500 fell 0.14%and Nasdaq retreated 0.22%. Analysts agree that the lack of a consistent commercial policy in Washington generates uncertainty in global markets.
In Asiathe results were mixed: Hong Kong Hang Seng fell 1.23%, while Tokyo’s Nikkei rose 0.58%. In Europathe German Dax advanced 3.14% and the Euro Stoxx 600 grew 1.8%, benefited by a more stable economic environment.
The euro weakened for the second day in front of the dollarfalling just over 1.13, while the oro He rebounded 1.2% in the spot market, up to US $ 3,329 per ounce, as a refuge in the face of global uncertainty.
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