Sep 12, 5:10 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By AFP News 09/12/19 AT 4:21 AM Signs of easing tensions between China and the US in their trade row fuelled hopes of a breakthrough in high-level talks next month but Asian markets were mixed as dealers struggled to extend this week’s healthy rally.Donald Trump on Wednesday said he would delay hiking tariffs on Chinese goods, just hours after Beijing announced it would remove a range of US products from its own planned levies.The moves provided an extra shot in the arm for investors as they await key announcements from the US and European central banks that are expected to see a further easing of monetary policy.In a tweet Wednesday night, Trump said: “We have agreed, as a gesture of good will, to move the increased Tariffs on 250 Billion Dollars worth of goods (25% to 30%), from October 1st to October 15th.”He added that the delay was requested by “Vice Premier of China, Liu He, and due to the fact that the People’s Republic of China will be celebrating their 70th Anniversary”, on October 1.Earlier in the day, China said it would temporarily exempt 16 categories of US… Read full this story
- Investing: Bright outlook for Asian equities despite uncertainties
- Metal markets prepare for a new world disorder
- The Morning Download: Nasdaq Blends Artificial and Human Intelligence
- Edited Transcript of MRVL earnings conference call or presentation 29-Aug-19 8:45pm GMT
Asian Equities Mixed After US, China Tariff Moves have 248 words, post on www.ibtimes.com at September 12, 2019. This is cached page on Business Breaking News. If you want remove this page, please contact us.