Markets rebound as Trump signals cutting China tariffs 'substantially'
Global stock markets experienced a relief rally after US Treasury Secretary Scott Bessent indicated that high tariffs were not unsustainable, raising hopes for a de-escalation in the US–China trade war. President Trump confirmed the stance and signalled that tariffs on China would be cut.
Global stock markets experienced a relief rally after US Treasury Secretary Scott Bessent indicated that high tariffs were not unsustainable, raising hopes for a de-escalation in the US–China trade war. President Trump confirmed the stance and signalled that tariffs on China would be cut.
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