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Quincy Krosby, chief market strategist at Prudential Financial in Newark, New Jersey, said that while investors view the tariff delay news as a positive, they are likely to remain guarded when it comes to trade-related news. Earlier in the day, Trump said he would decide on whether to levy more tariffs on China "probably right after the G20," which is being held on June 28-29. That came after his overnight threat to put tariffs on "at least" another $300 billion worth of Chinese goods.
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