Tag: China Tarriffs

Global stocks rally as US delays key China tariffs

by Jürgen HECKER Agence France-Presse NW YORK, United States (AFP) — Global stock markets rallied on Tuesday and oil prices surged in a wave of relief after US President Donald Trump delayed tariffs on key consumer items from China, giving investors hope for some detente in the US-China trade war. The announcement caused a dramatic turnaround in equity markets, which had retreated earlier under the combined impact of tensions in Hong Kong, economic crisis in […]