#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 the U.S. a day after 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 reducing tariffs on China to between 50% and 65%.
In your opinion, do global markets react quickly to the event, and will we see a near rise in all currencies? Share your opinion in the comments.