Mark Mobius: US-China Trade War Not Over Yet, Non-Tariff Barriers Still A Concern

In a conversation with Siddharth Zarabi, Group Editor of Business Today, legendary investor Mark Mobius offered sharp insights into the ongoing U.S.-China trade conflict, calling the recent developments “a ceasefire, not peace.” Mobius emphasized that while a temporary agreement has been reached, the fundamental tensions remain unresolved. “China was desperate to reach a deal due to the severe impact on its export manufacturing,” he said, adding that “Trump, too, needed market stability with an eye on stock performance.” Mobius cautioned against assuming that the worst is over, pointing to persistent non-tariff barriers imposed by China as a critical unresolved issue. “It remains to be seen if those will be reduced or eliminated,” he stated, suggesting that the trade war may still have further chapters to unfold. While acknowledging short-term relief in investor sentiment, Mobius made it clear that the global investment community should treat the situation as a pause, not an end.