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  • 5 months ago
U.S. stocks remain in limbo on Tuesday as investors wait for talks with China

U.S. stocks remained in limbo on Tuesday as investors waited for the outcome of trade talks between the United States and China.

READ MORE : http://www.africanews.com/2025/06/10/us-stocks-remain-in-limbo-on-tuesday-as-investors-wait-for-talks-with-china

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Transcript
00:00The U.S. and Chinese officials met in London on Tuesday for a second day of trade talks
00:07in the hope that they can eventually reach a deal to reduce their painful high tariffs on each other.
00:14Most of the tariff hikes imposed since U.S. President Donald Trump escalated high trade war
00:19are paused to allow trade in everything from tiny tech gadgets to enormous machinery to continue.
00:26Hopes that Trump will lower his tariffs after reaching trade deals with countries around the world
00:32have helped the market rally after falls of roughly 20% from the record high of two months ago.
00:40Shares are back above where they were when Trump shocked financial markets in April
00:45with his wide-ranging tariff announcement on what he called Liberation Day.
00:51Even though many tariffs are on hold for the moment, they are still affecting companies
00:55and their ability to make profits because of all the uncertainty they've created.
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