Hang Seng surges over 3%: Asian stocks rally after China-US announce partial tariff suspension for 90 days

Hang Seng surges over 3%: Asian stocks rally after China-US announce partial tariff suspension for 90 days

Hong Kong’s Hang Seng index jumped 3% on Monday after news of “substantial progress” in trade talks between China and the US lifted investor sentiment.Stock markets worldwide surged as the two nations held trade talks in Geneva, announcing agreed to reduce their retaliatory tariffs significantly for 90 days.The two nations slashed their tit-for-tat tariffs, boosting…

Read More
Facebook

‘India moving beyond protectionism with tariff cuts,’ says Finance Secretary Tuhin Kanta Pandey – World News

India’s recent decision to reduce import duties on a wide range of products sends a clear message that the country is moving away from protectionist policies, according to the nation’s finance secretary Tuhin Kanta Pandey. A Bloomberg report said that Pandey emphasised on the fact that India is not embracing high tariffs as a means…

Read More