China Extends Suspension Period for US Tariffs

Ahead of US President Donald Trump's expected visit to China next week, Beijing has signed off on a significant decision regarding its tariff policy. China has decided to extend the suspension period for the additional 24 percent customs duty applied to US-origin products by two more months. Thus, the implementation of the said additional tariff has once again been postponed. However, Beijing continues to keep the 10 percent customs duty on US products in effect. The decision indicates that the tariff structure is being gradually maintained in trade negotiations between the two countries. This step is being closely watched in terms of market expectations regarding the course of trade tensions ahead of Trump's visit to China. The extension of the suspension period means that the economic effects of the additional tariff are being deferred. Not investment advice.

📊 BABA — Piyasa Yorumu

▲ up · 55%

China's extension of the suspension period on US tariffs is a positive signal for easing trade tensions and is supportive in the short term for China-exposed stocks like BABA. However, the price has already risen over 9% in 24 hours and RSI14 at 70.6 is approaching overbought territory, indicating that additional upward momentum may be limited. The price is just above the MACD signal line and above the SMA20/SMA50, confirming a positive technical outlook. Nevertheless, caution is warranted as the news may be largely priced in and profit-taking risk exists. I expect a slight upward bias in the short term but do not foresee a strong rally.

RSI 14

70.6

MACD

1.81

24h Δ

9.18%

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