Market participants' question: Easter has passed, where is the promised agreement?

Wallstreetcn
2025.04.20 23:21
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Market participants have expressed doubts about the unfulfilled tariff agreement, with no trade agreement announced after Easter. Trump released a list of "non-tariff deception" and criticized opponents of tariffs. The market has priced in some factors of tariff reductions, leading to a situation in which U.S. stocks face "no news is bad news."

Netizens commented after the Asian market opened that the market's expected tariff agreement "has not yet materialized":

The three-day Easter weekend ended with the following activities:

  1. No trade agreement has been announced yet

  2. Trump released a list of "non-tariff deception"

  3. Trump stated that those who criticize tariffs "are not good at business"

  4. There are still 79 days left in the suspension period for "reciprocal tariffs"

Where is the trade deal reflected in the market last week?

Currently, the S&P 500 index is nearly 10% higher than its recent low, and the market has already priced in a considerable portion of the tariff reduction factors.

This has led to a situation in the U.S. stock market where "no news is bad news."