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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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