On Friday, markets continued their upward trend for a fourth consecutive day, driven by investor optimism over a possible easing of U.S.-China trade tensions. Reports suggest that China may exempt certain American goods from tariffs, yet the Chinese government clarified that no trade negotiations are taking place with the U.S. Despite the recent gains—an almost 4 percent rise in the S&P 500 this week—the index remains significantly lower overall since President Trump's term began. Key items under consideration for tariff exemptions include medical equipment and semiconductors.
Market optimism was buoyed by reports of China potentially exempting some American goods from tariffs, indicating a possible easing of trade tensions.
Despite a rise in the markets, U.S.-China trade negotiations appear stalled as Chinese officials refute claims of ongoing discussions with the Trump administration.
The S&P 500 has seen nearly a 4 percent increase this week, but remains significantly lower since Donald Trump assumed the presidency.
China's potential exemption of certain tariffs, especially on medical equipment and semiconductors, is seen as a sign of easing tensions amid rising market performance.
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