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Investment banks lift China growth outlook after surprise trade deal with U.S. CNBCDow soars 1,100 points after Trump team and China dramatically lower tariffs CNNChina cautiously welcomes pause in US tariff war The GuardianStocks edge up, dollar dips as trade-deal sugar rush fades Reuters
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U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. Each of the world's two largest economies agreed to take down temporarily most of its tariffs against the other, which economists had warned could start a recession and create shortages on U.S. store shelves.
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