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Stock markets rally as Trump rows back on Fed and China threats

Sky News Wednesday, 23 April 2025 ()
Global stock markets and the dollar have rallied on hopes of two significant climbdowns by the Trump administration on issues blamed for a slump in values.
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News video: Trump claims meeting with China after Beijing denies any trade negotiations

Trump claims meeting with China after Beijing denies any trade negotiations 01:16

Trump claims meeting with China after Beijing denies any trade negotiations 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...

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