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Trade Truce Extended as China Surges, US Still Imports

[ad_1] Home Transaction Banking Tariffs Backfire? Trade Truce Extended as China Surges, US Still Imports Fears about US tariffs hurting China’s economy were overblown. New customs data show that China posted a record $683.5 billion trade surplus on a year-to-date basis, with July exports up 7.2%, ahead of economists’ expectations. …

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Most markets rise as China-US truce extended, inflation in focus

[ad_1] Donald Trump extended a tariff truce with China by another 90 days. Photo: STR / AFPSource: AFP Asian markets mostly rose Tuesday, with Tokyo hitting a record, as investors welcomed the extension of a China-US tariff truce but looked ahead apprehensively to the release of key US inflation data …

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