US stocks rose after President Trump floated the idea of an extension to trade talks with China beyond the 1 March deadline currently set. Mr Trump said: “If we’re close to a deal where we think we can make a real deal and it’s going to get done, I could see myself letting that slide for a little while.” Tariffs on around $200bn of Chinese imports into the US are set to increase from 10 per cent to 25 per cent from March if representatives from the two countries cannot agree terms, including over China’s forced transfer of technology from US companies.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis