Markets Rally Amid Prospects of U.S.-China Trade Agreement: Global financial markets experienced a significant uptick following comments from U.S. Treasury Secretary Scott Bessent, who indicated that the U.S. and China are nearing a "big deal" to ease trade tensions. The proposed agreement includes possible tariff cuts, which had previously been as high as 145% on Chinese goods. Investors responded positively, with major U.S. stock indices posting gains and the dollar strengthening. However, some analysts caution that the situation remains fluid, especially given past volatility in trade negotiations.
Source 1: Breitbart, Source 2: CNBC
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