Institution: Trump's trade war is not over yet

According to a report by Golden Finance, Nabil Milali from Edmond Rothschild Asset Management stated that it is too early to declare the end of the global trade war. US President Trump announced that the highest tariffs imposed by the United States on Chinese imports will be temporarily suspended for 90 days, but this is only temporary. The negotiations between the United States and China, as well as other trading partners, are still ongoing, and the ultimate result may be an average tariff of 15% on imported goods. This result was once considered the worst-case scenario during the election, but now it seems much milder than the worse situations that investors were worried about a few days ago.