Global Markets: Shares, dollar rebound on new U.S.-China trade call [Reuters]

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Source: Reuters
Global Markets: Shares, dollar rebound on new U.S.-China trade call - Reuters 4 Min Read NEW YORK (Reuters) - U.S. and European stocks jumped, the dollar strengthened and Treasury prices rose on Tuesday after the United States said it would delay tariffs on some Chinese products, easing concerns that a protracted trade war would harm global growth. The Trump administration will delay imposing a 10% tariff on certain Chinese goods, including laptops and cell phones, that had been scheduled to start next month, the Office of the U.S. Trade Representative said. Equity, debt and currency markets sharply reversed course minutes after Wall Street opened for trade on news from Hong Kong about a call Chinese Vice Premier Liu He held with U.S. officials, according to China’s Commerce Ministry. Liu spoke with U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin on Tuesday evening, a ministry statement said. Shares of Apple Inc, which makes iPhones and MacBooks
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