China Thaw Deescalates Trade Tensions, Markets Cheer

Team Veye | 23-Apr-2025

Wall Street staged a rebound amid hints of easing US-China trade tensions. Markets also witnessed investors returning, buoyed by the reassurance from White House on Central Bank.

Trump signalling that negotiations with China could be cordial, and a deal could drive tariffs on imports from the country to fall significantly, although not to zero.

Boosted by the optimism, all three major U.S. indexes rallied by more than 2.5%, with the Dow Jones Industrial Average rising 1,01...

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