China Euphoria Is Spreading, Though With a Caveat: Taking Stock
Photographer: Qilai Shen/Bloomberg
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If no news is good news, then actual positive news is great news for markets these days.
President Donald Trump said in a Twitter posting Sunday evening he’ll extend the deadline to raise tariffs on Chinese goods past March 1 as “substantial progress” has been made in the latest round of trade talks that just wrapped up in Washington. He said should talks further progress, he and counterpart Xi Jinping could meet at his Mar-a-Lago resort to conclude an agreement, without offering details on timing or a fresh deadline.