China celebrates hard-line stance
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The US-China trade agreement, temporarily reducing tariffs, poses challenges for India's trade negotiations with the US. Securing a favorable bilateral trade agreement with the US and leveraging domestic strengths are crucial for India to remain competitive in the global supply chain.
President Donald Trump's trade war truce with China still leaves a hefty 30% tariff in place, at least for the time being, but the deal improves the outlook for the economy.
Top US officials involved in high-level trade negotiations with China emerged from two days of talks touting “substantial progress” and appearing to confirm that a deal between the two countries had been reached,
The new US-China trade truce has eased some of the pressure on global markets, but its impact on companies like Boeing highlights how disruptive the
China and the U.S. agreed to end their recent tariff battle temporarily and restart stalled trade between the two countries.
U.S. stocks soared Monday as investors celebrated major progress on a U.S.-China trade deal. The Dow added over 1,100 points, exiting correction territory, while the Nasdaq Composite began a fresh bull market.
A truce in the U.S.-China trade war set off a relief rally in stocks on Monday and propelled the dollar higher, but investors fear further negotiations could prove a long slog, as risks of a global economic slowdown persist.
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Investor's Business Daily on MSNStock Market Today: Dow Jones Soars As Nvidia, Apple Jump On China Trade Deal; Bill Ackman Stock Clears Key Level (Live Coverage)The Dow Jones surged on the stock market today. Treasury Secretary Bessent spoke out on China amid tariff progress. Alibaba cleared an entry.