Trump’s China Trade Truce Extension Spurs Market Rally

Donald Trump’s decision to extend a truce in the trade war with China has triggered a stock market rally across the globe.

On Monday night, the US president signed an executive order extending the deadline for higher tariffs on China until 10 November. Beijing said early on Tuesday it would suspend additional tariffs on US goods for a further 90 days.

In response, markets in Japan and Australia hit record highs on Tuesday, as expectations grow that the US and China could secure a trade agreement before the end of another 90-day pause on additional tariffs...

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