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In a remarkable development, Trump retreats and China opens the door to trade talks.

China has expressed its readiness to resume trade talks with the U.S. after a day of U.S. President Donald Trump's announcement that he does not intend to deal firmly with China in tariff negotiations, expressing optimism about the possibility of reaching an agreement very quickly, which is a notable development in the trade relations between the two largest economies in the world.

According to a report by The Wall Street Journal, the White House is considering reducing tariffs on China to between 50% and 65%.

In your opinion, do global markets react quickly to the event, and do we witness a near rise of all currencies? Share your opinion in the comments.

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