A goodwill gesture from US side creating good vibes for Oct trade talks – Global Times

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Responding to the US President Trump’s tariffs delay announcement, the Editor-in-chief of Chinese and English editions of the Global Times, Hu Xijin’s, tweeted out last hour: “Welcome this decision. It should be seen as a goodwill gesture the US side made for creating good vibes for the trade talks scheduled in early October. Yesterday China announced to remove 16 categories of US products from tariff list. Hope reciprocity of goodwill can continue.”

  • President Trump: Agreed to move increased Chinese tariffs on 250 billion dollars’ worth of goods to october 15th

The risk sentiment remains upbeat, with 10-year Treasury yields at monthly highs while USD/JPY advances above 108.00. S&P 500 futures are up 0.50% well above the 3k figure.  

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