China: "The world is in turbulence, risks are piling up." A cryptic and disturbing message.

The trade war started by Trump is not pleasing anyone. On the one hand, there are attempts to negotiate with the United States to lower the level of the massive percentages the American president is demanding, but on the other, alternatives are being sought and other markets are being explored. What is certain is that between real wars and trade conflicts, the world is increasingly in turmoil. Chinese Vice Premier He Lifeng warned on Wednesday that the world is experiencing " turbulence and transformation " at the opening of an expo in Beijing, which Nvidia CEO Jensen Huang is also scheduled to attend. "Currently, some countries are interfering in the market under the guise of reducing risk , using measures such as imposing tariffs," He said, adding: " Global changes of a century are accelerating, with multiple risks intertwining and accumulating ."

Read also: Renault lowers 2025 targets, as the auto market continues to struggle. Minto appointed interim CEO

Markets remain nervous as the August 1 deadline approaches , when onerous US tariffs will be imposed on many Asian countries unless trade agreements are reached by then. "We are approaching a critical moment. Will Trump maintain his tariffs? Will US stagflation begin to bite? We must remain cautious ," commented analysts at Japanese bank Nomura. The Tokyo Stock Exchange fell on Wednesday, nervous about the approaching crucial national elections and the deadline for US customs duties , while other Asian stock markets fluctuated between declines and cautious gains, unconvinced by Donald Trump's announced deal with Indonesia. At around 2 a.m. GMT on the Tokyo Stock Exchange, the Nikkei index was down 0.04% at 39,658 points, and the broader Topix index was down 0.29% at 2,817 points. Elsewhere in Asia, the Seoul Stock Exchange lost 0.52% and the Sydney Stock Exchange 0.73%, but Taipei rose 0.60%.

READ ALL THE ECONOMIC NEWS