image: AP Photo/Lee Jin-man

Global stocks rise on reports US, China close to trade deal

March 4, 2019

Via: ABC News

Most global stocks rose Monday after news reports said Washington and Beijing are close to an agreement to end their costly tariff war.

Benchmarks in London, Frankfurt, Shanghai and Tokyo advanced after Bloomberg News and The Wall Street Journal, citing unidentified sources, said China was offering to cut tariffs and other restrictions on U.S. farm, chemical, auto and other products. They said Washington would remove most sanctions on Chinese imports.

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