Is this an escalation or the trade war or trying to force Chima to negotiate?

Trump Presses China to Make Tariff Offer to Calm Trade War – Tue, April 15, 2025 at 2:23 p.m. EDT
President Donald Trump called on China to reach out to him in order to kick off negotiations aimed at resolving the escalating trade fight between the world’s two largest economies.
“The ball is in China’s court. China needs to make a deal with us. We don’t have to make a deal with them,” White House Press Secretary Karoline Leavitt said Tuesday, reading what she said was a statement Trump dictated.
“There’s no difference between China and any other country except they are much larger, and China wants what we have, what every country wants, what we have — the American consumer — or to put another way, they need our money,” the statement continued.
The comments are a fresh sign the US and China continue to dig in their heels, indicating there is no end in sight to fight that has seen both sides raise trade barriers to staggering levels …/..
President Donald Trump is exploring whether the law allows him to deport United States citizens to prisons in Central American countries, the White House said.
Trump has said he would like to send “homegrown criminals” to a notorious prison in El Salvador, where the U.S. has already deported some non-citizens.
Trump administration officials claim they cannot compel El Salvador to return Kilmar Abrego Garcia, who was deported from the U.S. to his native country due to an admitted administrative error.
EURUSD popped higher along with EURGBP on this headline (stocks dipped)

CDA CPI miss on downside… USDCAD up but not too far… see our Economic Calendar
between rollback of reciprocal tariffs, pause on electronics and looking for something to help auto cos, one could expect that a full on blownout tariff war is not in the cards. but that does not mean it is back to business as usual: market remains leary yet at the same time – stock-wise – remains hopeful.
DLRx prettywell sums up current market sentiment. imo
still puppy needs to hold S at 99 else dollar dumps more
BOC rate cur decision (Wed) ... see detailed preview
US500 4 HOUR CHART – Biding its time

No change in my view… For this bounce off the lows to be anything mote than a retracement. 5500+ followed by a break of 5629 (61/8%) would be needed.
Taking it one step further, one could make a case that US500 appears bid in an offered market unless 5500+ starts to trade.
If you take 5200-5500 as a range then the midpoint ay 5350 becomes a pivotal level.

US OPEN
Generally positive sentiment but with recent pressure seen after China seeks to halt Boeing deliveries
Good morning USA traders, hope your day is off to a great start! Here are the top 6 things you need to know for today’s market.
6 Things You Need to Know
China orders a halt to Boeing (BA) jet deliveries as the trade war expands, according to Bloomberg citing sources.
US President Trump said they will put tariffs on imported pharmaceuticals in the not-too-distant future.
European indices at session highs, LVMH -7% after weak results; US futures are modestly higher.
DXY holds a downward bias whilst Antipodeans outperform.
Initial fixed divergence eroded by China-Boeing. Bunds subsequently hit by a poor Bobl auction
Gold lifted, Crude pushed into the red and Copper dented amid China trade retaliation.
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