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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 after President Donald Trump announced 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 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%.

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

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