Global shares rise as China says it’s considering US overtures on Trump’s tariffs – The Globe and Mail
From Google: 2025-05-02 05:13:00
Global shares are on the rise after China expressed interest in resuming trade talks with the US to resolve the ongoing tariff dispute initiated by President Trump. This development has brought optimism to investors, with both Asian and European markets seeing positive gains. The potential for a breakthrough in negotiations has boosted market confidence.
China’s willingness to engage in discussions with the US comes after Trump delayed imposing additional tariffs on Chinese goods as a gesture of goodwill. The two countries have been locked in a trade war for over a year, with tariffs being imposed on billions of dollars worth of imports. The news of possible talks has provided a glimmer of hope for a resolution to the conflict.
Investors are closely watching the developments between the US and China, as any progress towards a trade agreement would have a significant impact on the global economy. The uncertainty surrounding the trade war has weighed heavily on markets, causing fluctuations in stock prices and affecting businesses worldwide. A potential resolution could bring stability and boost investor confidence.
The positive sentiment in the markets is a welcome change from the recent volatility caused by escalating trade tensions between the world’s two largest economies. While the prospect of renewed trade talks has lifted shares, investors remain cautious as the situation continues to evolve. The outcome of these discussions could have far-reaching implications for the global economic landscape.
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