US-China Trade Talks Ease Tensions as Tariff Pause Lifts Supply-Chain Sentiment

Global markets welcomed progress in U.S.–China trade discussions after negotiators agreed to suspend new tariffs on critical minerals and electronics. The temporary truce restored optimism for supply-chain stabilization and eased pressure on industrial metals. Analysts said the deal could prevent price shocks in electric-vehicle and semiconductor inputs if finalized in November. European and Asian equities rose modestly on reduced trade-risk premiums. Policy observers warn that export-license clarity remains essential for sustained confidence. The pause also supports emerging-market currencies dependent on China’s manufacturing cycle and import stability.