Muhamad Yehia.. Cairo Trump insisted that a meeting with China had taken place regarding tariff negotiations, despite Beijing denying any such talks. Investors, however, saw signs of a de-escalation in the trade war, as global stock markets recovered most of the losses in April. US President Donald Trump said on …
Read More »Trump delays a sweeping reciprocal tariff plan as global markets rally
Muhamad Yehia US President Donald Trump signed a Presidential memo on reciprocal tariffs to order his administration to investigate the plan, offering time for negotiations. Global markets turned to a risk-on mode following the decision. On Thursday, Trump directed the US Trade Representative and Commerce secretary to investigate the proposed …
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