Watch FIFA World Cup 2026™ LIVE, FREE and EXCLUSIVE

US and China agreed to cut tariffs on each other's imports

Wall St sees gains after tariffs relaxed (Getty).

Wall St sees gains after tariffs relaxed (Getty). Credit: Xinhua News Agency/Xinhua News Agency via Getty Ima

Stock markets in the US and Europe have rallied off the back of trade tensions easing between China and the US.


On Wall Street, the S&P 500 surged more than 3 per cent, while the Nasdaq catapulted 4.4 per cent higher.

Listen to SBS Indonesian every Monday, Wednesday, Friday, and Sunday at 3 pm.
Follow us on Facebook and Instagram, and listen to our podcasts.

Share

Follow SBS Indonesian

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

SBS Indonesian News

Watch it onDemand

Watch now