News Formal

Stocks are surging after Trump strikes a truce in the US-China trade war

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

'Trump and Xi gave investors what they wanted at the G20 meeting in Osaka this Saturday: hope.'

Stocks surged on Monday after President Donald Trump and Chinese leader Xi Jinping struck a truce in the US-China trade war. Trump agreed to ease restrictions on Chinese tech giant Huawei's US technology purchases and hold off on extending tariffs to virtually all Chinese good, while Xi pledged to buy an unspecified amount of US farm products and resume trade talks.

Stocks surged on Monday after President Donald Trump and Chinese leader Xi Jinping struck a truce in the US-China trade war. Trump agreed to ease restrictions on Chinese tech giant Huawei's US technology purchases and hold off on extending tariffs to virtually all Chinese good, while Xi pledged to buy an unspecified amount of US farm products and resume trade talks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks seen sharply higher after US-China trade truceEuropean markets are expected to surge at Monday's open after U.S. President Donald Trump and Chinese President Xi Jinping agreed to hold off on additional tariffs in a bid to reignite trade talks.
Source: CNBC - 🏆 12. / 72 Read more »