Ultimately, there is a 90-day pause on tariff-related matters between the US and China, which has introduced a degree of stability to the global financial market.

The reduction of tariff rates was notably more extensive than what the market had forecasted.

Recent economic data from around the world showed varying impacts from this situation across different countries.

In the US, consumer sentiment has sharply decreased, falling well below expectations, and optimism among small businesses has diminished, with a lack of enthusiasm in industrial production.

In an unexpected turn, the headline inflation figures for the US dropped to 2.3 percent from 2.4 percent, which was below what analysts had anticipated. However, the core inflation rate remained at 2.8 percent year-over-year, as expected.

Contrary to this, although the European Union responded to the US tariff actions, robust growth and better employment figures in Europe do not reflect the same downward trend, possibly indicating limited impact from the tariffs on its economy.

Meanwhile, Japan’s economy contracted, causing a temporary drop in its currency, which later rebounded during........

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