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Reset of U.S.-China Talks May Boost Risk Appetite, Analysts Say
Markets may breathe a sigh of relief after President Donald Trump and President Xi Jinping decided to resume trade negotiations after a six-week stalemate, with the U.S. agreeing to a temporary freeze on further tariffs on Chinese goods. Trump told reporters he wouldn’t put new duties on China for the “time being” after Xi’s administration agreed to buy a “tremendous” amount of agricultural products. Trump also said that he’ll allow Huawei Technologies Co. to buy some products from U.S. suppliers after the Commerce Department last month blacklisted the company for national security reasons. Recent ... (full story)
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