Markets rebound amid latest US-China tariff spat as traders look to possible ‘Taco trade’
by Lauren Almeida from on (#70Q8B)
US S&P 500 and Nasdaq Composite indexes rise and cryptocurrencies rebound after Trump post on Truth Social
Global stock markets have edged higher and cryptocurrencies rebounded amid signs that a new front in the US-China trade war may not be as severe as first feared.
Tensions between Washington and Beijing escalated again on Friday and over the weekend, as Donald Trump threatened to impose additional US tariffs of 100% on China starting next month.
Continue reading...