US, China tariffs need to fall for trade talks to start, Bessent says
1. High U.S.-China tariffs must decrease for trade talks to advance. 2. Possible tariff reductions could positively influence S&P 500 companies.
FAQ
Why Bullish?
Reducing tariffs can boost trade and earnings for S&P 500 companies, seen in previous trade deal impacts.
How important is it?
Tariff discussions are closely tied to broader market performance; positive sentiment may drive S&P 500 up.
Why Short Term?
Immediate effects from policy changes are expected, reflecting rapid market reactions following trade announcements.