Global markets are reacting to the softer stance of U.S. President Donald Trump on tariff implementations. The initial policy of the administration was found to be less strict than investors had feared. Such information has caused a rise in stock markets around the world.
Experts note that the easing of tones from the U.S. administration is a positive signal for international trade and the global economy. The initial fears of investors regarding the introduction of new tariffs on Chinese and European goods turned out to be excessive.
One of the experts in international trade remarked: "This is good news for the global economy. Improved relations between the largest economies in the world will help ease trade tensions that have negatively affected the markets."
