Institution: Trump's trade war is not over yet

ChainCatcher news, Nabil Milali from Edmond de Rothschild Asset Management stated that it is still too early to announce the end of the global trade war. U.S. President Trump announced a 90-day delay on the highest tariffs imposed on Chinese imports, but this is only temporary. Negotiations between the U.S. and China, as well as other trade partners, are still ongoing, and the final outcome may result in an average tariff of 15% on imported goods. This outcome was previously considered the worst-case scenario during the campaign, but now it seems much milder than the more concerning situations investors were worried about just a few days ago.