Markets Rebound As Vance Plays Good Cop; Says 'Willing To Be Reasonable' With China

Core Viewpoint - The escalating trade tensions between the US and China have led to significant market reactions, with President Trump's proposed tariffs causing turmoil, prompting Vice President Vance to attempt to stabilize the situation through diplomatic messaging [1][2][4]. Group 1: US-China Trade Relations - President Trump has threatened to impose an additional 100% tariff on Chinese exports, which has been met with strong opposition from Beijing, accusing the US of escalating tensions [1][2]. - The Chinese commerce ministry stated that the US has introduced new restrictions against China since the last trade talks, including placing Chinese companies on a trade blacklist [2]. - Vice President Vance emphasized the need for China to choose a reasonable path in the trade dispute, asserting that the US holds more leverage but is open to negotiation [4][5]. Group 2: Market Reactions - Following Vance's comments, US Trade Representative Greer expressed optimism that markets would stabilize, indicating that the Chinese may have overstepped in their actions [6][8]. - The crypto markets, particularly Ethereum, saw significant gains in response to the comments made by US officials, reflecting a positive market sentiment [6]. - The Dow Jones was reported to be trading up around 155 points, indicating a recovery in market confidence [12].