US softening on China tariffs brings little relief from trade uncertainty: Garima Kapoor

Despite potential tariff reductions on Chinese imports, global trade faces continued uncertainty, according to Elara Capital's Garima Kapoor. She suggests that while tariffs may decrease partially, they won't disappear entirely, leading to ongoing friction between the U.S. and China. This evolving relationship signals a "new normal" with potentially higher average U.S. tariffs and broader tensions encompassing technology and national security.