On Monday morning (February 25), US President Trump tweeted that he would postpone the deadline for raising tariffs on China, which was originally planned for March 1. Affected by the news, market risk appetite has warmed up, US stock futures have risen, and the Australian dollar / US dollar has also risen.


According to CCTV News on Monday, the seventh round of high-level economic and trade negotiations between China and the United States ended in Washington, D.C., on the afternoon of February 24, local time. U.S. President Trump said substantive progress had been made in the negotiations and that the United States would postpone the tariff imposed on Chinese products originally scheduled for March 1.


According to Xinhua News Agency News: US President Trump announced on his Twitter account on the 24th that he would postpone the plan of raising tariffs on Chinese imports to the United States on March 1.


During the last Argentine meeting, Chinese and American leaders agreed to suspend the escalation of the trade war until March 1, during which the two governments sought to reach consensus on issues such as intellectual property protection and soybean procurement.


On Sunday evening, US President Trump tweeted: "I am pleased to report that the United States has made great progress in trade negotiations with China on important structural issues, including intellectual property protection, technology transfer, agriculture, services, exchange rates, and many other issues."

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