US stocks hit record on US-China trade progress
Donald Trump
Edition: Singapore Indonesia Asia US/UK LONDON: Wall Street climbed into record territory on Friday (Jun 27) as the United States and China moved closer to a trade deal and Washington signalled it could reach tariff agreements with over a dozen other partners. With the Israel-Iran ceasefire holding , investors turned attention back to the wider economy and President Donald Trump's tariff blitz. Trump imposed a 10 per cent tariff on goods from nearly every country at the start of April, but he
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