The "deadline" for China-U.S. tariffs is approaching! U.S. Treasury Secretary: Don't worry, negotiations are progressing smoothly

As the 90-day tariff truce between China and the United States is set to expire on August 12, the market is paying attention to the possibility of a new round of trade friction. U.S. Treasury Secretary Becerra stated that investors need not worry excessively, noting that negotiations are progressing smoothly and sending a stabilizing signal to the market. He mentioned that the Trump administration has assured NVIDIA of issuing licenses to allow it to sell high-end graphics processors to Chinese companies. Although a formal agreement has yet to be reached, Becerra's optimistic remarks indicate a positive atmosphere in China-U.S. trade negotiations, and the market need not be tense due to the tariff "deadline."