The offshore yuan remained steady to around 7.17 per dollar on Tuesday, pausing gains for the second consecutive session, as investors digested a batch of mixed Chinese economic data. While GDP grew 5.2% in the second quarter - slightly above expectations - it marked a slowdown from 5.4% in the previous quarter. Stronger-than-expected industrial output offered some support, but softer retail sales and disappointing investment figures highlighted uneven domestic demand. Persistent deflationary pressure and a fragile US-China trade truce added to concerns, fueling expectations of further stimulus from Beijing. The lack of progress on sensitive issues like military-use rare earths according to reports underscored uncertainty in the US–China relations. Meanwhile, President Trump signaled willingness to engage in further tariff negotiations with the European Union and other key partners, following his proposed 30% tariff on imports from the EU and Mexico set to take effect in August.