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Donald Trump delays tariff hike on Chinese goods, sending stock markets soaring

Asian shares rise sharply after US president says he will hold a summit with Xi Jinping to conclude an agreement to end trade standoff

Shares in Asia have soared after Donald Trump said he would delay an increase in tariffs on Chinese goods, citing “substantial progress” in trade talks with China over the weekend.

Related: Memo of misunderstanding: Trump clashes with trade adviser over China talks

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from World news | The Guardian https://ift.tt/2T1HLPj
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