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Asian markets rally on hopes of tariff relief after US-China talks

IndiaTimes Monday, 12 May 2025
Asian stocks saw a surge on Monday. This was due to positive signals from US-China trade discussions. Meetings in Geneva showed progress. Both sides expressed optimism. The US Treasury Secretary, Scott Bessent, noted substantial progress. China's Vice Premier, He Lifeng, called the talks constructive. Investors hope this will reduce tariffs. Markets are watching for further details.
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Video Credit: Oneindia - Published
News video: Trump Sparks Market FRENZY: Asia Surges After US-China Trade Talks Breakthrough! Markets SOAR

Trump Sparks Market FRENZY: Asia Surges After US-China Trade Talks Breakthrough! Markets SOAR 03:35

 Asian markets surged after the U.S. and China held "substantial" trade talks in Geneva, offering hope for a resolution to the tariff war that has shaken global markets. With earlier tariffs reaching as high as 145% on Chinese goods and 125% in retaliation, fears of a recession had loomed large. But...

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