Group 1 - The US and China have agreed to reduce tariffs from 125% to 34%, with 24% of the tariffs suspended for 90 days, leading to a marginal improvement in exports to the US [1] - High-frequency trade data indicates a rapid increase in shipping prices from China to the US, while prices to Europe remain stable, suggesting a short-term recovery in exports [1] - The Baltic Dry Index (BDI) rose by 5.5% week-on-week, and the container shipping price index from China to the US West Coast increased by 2.8%, reflecting improved export conditions [1] Group 2 - Container shipping bookings from China to the US surged by 277% in a week, reaching an average of 21,530 standard containers [2] - The steel market has seen price increases due to improved market sentiment and some steel mills raising factory prices [3] - The chemical sector has experienced a significant rebound in prices for PTA, polyester chips, and POY, alongside a decrease in inventory levels [3]