Asia stocks surge on US-China trade deal breakthrough

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HONG KONG: Asian equities surged Monday (Oct 27) as investors cheered a breakthrough in US-China trade talks that set the stage for leaders Donald Trump and Xi Jinping to finalise a deal, averting an escalation in the world's biggest trade dispute. Markets rallied after US Treasury Secretary Scott Bessent said the threat of the US president imposing an additional 100 per cent tariff on Chinese goods was "effectively off the table" following weekend negotiations in Malaysia. "The tariffs will be

Tag-uri: Donald Trump

Asia stocks surge on US-China trade deal breakthrough https://www.channelnewsasia.com/ - 13:13

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Asia stocks surge on US-China trade deal breakthrough https://www.channelnewsasia.com/ - 13:13