#MarketRebound
In a notable development, Trump is retreating and China opens the door for trade talks.
China has expressed its willingness to resume trade talks with the U.S. after President Donald Trump announced that he does not intend to deal firmly with China regarding 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 reducing 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.