Markets rally on trade talk hopes | Business News - The Latest financial, market & economic news | DW | 30.08.2019
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Business

Markets rally on trade talk hopes

When Americans go shopping next week, they may find that shoes, clothes, TV sets and other electronic devices are more expensive. That's because President Trump is ratching up the trade war. On Sunday, a 15 percent tariff is slated to go into effect. However, China is keen on avoiding those measures and appears to be willing to talk. Markets hope that both sides will find common ground.

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