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Tag: China’s currency

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Global stocks rally and the yuan jumps after Biden says he’s weighing cutting tariffs on China

May 23, 2022

Via: Markets Insider

Global stocks rose on Monday and the yuan surged after US President Joe Biden said he’s considering cutting tariffs on China. S&P 500 futures were up 0.46% as of 5.27 a.m. ET, suggesting stocks will open higher when trading begins. […]