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Stocks Surge After Trump Makes Deal With China

Credit: Wochit News
Published on July 1, 2019 - Duration: 00:33s

Stocks Surge After Trump Makes Deal With China

On Monday, stocks surged after President Donald Trump and Chinese leader Xi Jinping struck a truce in the US-China trade war.

According to Business Insider, Trump agreed to ease restrictions on Chinese tech giant Huawei's US technology purchases.

He also agreed to hold off on extending tariffs to virtually all Chinese good.

Xi pledged to buy an unspecified amount of US farm products and resume trade talks.

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