Despite Trump threatening tariffs on China, the risk mood is keeping steadier as we get into the new day. Realistically, the US already felt the pinch of China curbing rare earth exports. So, I doubt Trump would want to revisit that and just prolong the trade truce if anything else. Navarro came out later to also play things down here. US futures are also keeping in a better mood as the Wall Street rebound keeps up yesterday. S&P 500 futures are seen up 0.3% currently.
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