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U.S. trade agreements in recent days mark progress toward reducing tariff barriers, although uncertainty remains a hindrance to economic growth, according to the Bank of England's deputy governor.
Stocks have recouped their losses since President Donald Trump's "Liberation Day" tariffs tanked markets, with investors on Monday cheering a big de-escalation in the US-China trade war.
U.S. Treasury yields inched lower as investors weighed the state of the U.S. economy amid a tame inflation report and the U.S.-China trade agreement.
The Trump administration says it intends to develop a 'mechanism' that will 'rebalance' the U.S. trade relationship with China — a task that has eluded presidents for decades.
Shares have logged modest gains in most world markets as the initial euphoria over the 90-day truce in the trade war between the United States and China fades
Producers of metals and other raw materials fell amid fears that the window for negotiations on tariffs is closing for many countries.
U.S. trade agreements in recent days mark progress toward reducing tariff barriers, although uncertainty remains a hindrance to economic growth, according to the Bank of England's deputy governor.
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Daily Voice Westchester County, NY on MSNUS, China Cut Tariffs In 'Substantial De-Escalation' Of Trump's Trade WarThe US and China are stepping back from extremely high retaliatory tariffs placed on each other, lowering the duty rates to ease tensions and negotiate a potential trade deal. The White House announced the tariff-lowering agreement on Monday,