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JSE could get a boost as global stocks rebound on US tariff delay

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The US pushed back the September 1 deadline to impose a 10% tariff on Chinese imports, which include cellphones, laptops, toys and other goods

The JSE could open higher on Wednesday after US President Donald Trump’s decision to delay the 10% tariff on some Chinese imports lifted global stocks.

Earlier, the Shanghai Composite had gained 0.78% and Hong Kong’s Hang Seng 0.54% despite the escalation of violent pro-democracy protests on Tuesday, and Japan’s Nikkei 225 had gained 0.91%.

 

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