WS #14785
Diplomatic efforts between the US and China are focusing on building 'mutual trust' rather than concrete trade deals, leaving tariff uncertainties unresolved. Simultaneously, US-Canada trade talks are described as informal with no urgency, signaling a stable but stagnant trade environment. These developments dampen the immediate risk of a sudden trade war escalation but fail to provide the catalyst needed for a broad risk-on rally in export-heavy sectors.
Trade & Geopolitics
Diplomatic efforts between the US and China are focusing on building 'mutual trust' rather than concrete trade deals, leaving tariff uncertainties unresolved. Simultaneously, US-Canada trade talks are described as informal with no urgency, signaling a stable but stagnant trade environment. These developments dampen the immediate risk of a sudden trade war escalation but fail to provide the catalyst needed for a broad risk-on rally in export-heavy sectors.