Dow Jones rallies strongly after China promises lower tariffs
by Richard Partington from Economics | The Guardian on (#3MCZ5)
President Xi Jinping pledges pro-western reforms, raising hopes of an end to trade row with the US
Wall Street has staged a sharp recovery after the Chinese president, Xi Jinping, promised economic reforms and lower import tariffs, soothing fears over the country's simmering trade standoff with the US.
Related: Xi Jinping warns against 'arrogance' amid threat of trade war with US
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