US100 rebounds after Trump's comments on China 💡

Key takeaways

Wall Street reacts positively to Donald Trump's latest statements on relations with China.

Key takeaways

Wall Street reacts positively to Donald Trump's latest statements on relations with China.

Indices such as the US100 and other contracts on major US indices are rebounding after a series of relatively mild and optimistic comments from the president – he emphasized, among other things, that “a 100% tariff is not a long-term solution,” and that negotiations with China must aim for a “fair agreement.” In addition, Trump announced a meeting with President Xi within the next two weeks, which the market interprets as potential for further de-escalation of trade tensions.

Source: xStation

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