It also expanded re-lending programs to support consumption, elderly care, technology, agriculture, and SMEs. These moves aim to support growth amid escalating U.S.-China trade tensions, following Trump’s 145% tariffs and China’s retaliatory response. U.S. and Chinese officials are set to meet in Switzerland this week, raising hopes for renewed trade talks. Meanwhile, bond yields in the U.S., Japan, and Germany reflect cautious optimism ahead of the Fed’s policy decision.