#MarketRebound
In a notable development, Trump retreats and China opens the door for trade talks.
China has expressed its readiness to resume trade talks with America a day after U.S. President Donald Trump announced that he does not intend to take a tough stance against China in tariff negotiations, expressing optimism about the possibility of reaching an agreement very quickly, which marks a significant development in trade relations between the two largest economies in the world.
According to a report by the Wall Street Journal, the White House is considering cutting tariffs on China to between 50% and 65%.
In your opinion, do global markets react quickly to the event, and are we witnessing a near rise for all currencies? Share your thoughts in the comments.
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