Headlines via Bloomberg
That should ease a bit of the tension that is weighing on markets for the time being, as it means that companies won't be hit by the tariffs just yet. But it shouldn't provide that much of a relief if things blow up to be more of a political risk between the two countries than the current trade risk.
But seeing how the two countries are already playing this tit-for-tat game, I don't think we're anywhere near a constructive negotiation that can reach a resolution without one party backing down.
