Urgent 🚨:
In a remarkable development, Trump backs down and China opens the door to trade talks.
China expressed its willingness to resume trade talks with the United States, a day after US President Donald Trump announced that he does not intend to deal firmly with China in tariff negotiations. He expressed optimism that an agreement could be reached very quickly, marking a significant development in trade relations between the world's two largest economies.
According to a report by the Wall Street Journal, the White House is considering reducing tariffs on China to between 50 and 65%.
Do you think global markets are reacting quickly to the event, and are we witnessing a near-term rally for all currencies? Share your opinion with us in the comments.
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