US President Donald Trump speaks during a cabinet meeting at the White House on Tuesday. Photo: AFP

Donald Trump says he might let March 1 deadline for new China tariffs ‘slide’ if trade war deal is near

  • Trump says the US has a big team in China trying to reach a trade agreement and Beijing very much wants to make a deal
  • ‘I could see myself letting that slide,’ he said of the deadline to raise US tariffs on US$200 billion of Chinese goods to 25 per cent
Topic |   US-China trade war

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US President Donald Trump speaks during a cabinet meeting at the White House on Tuesday. Photo: AFP
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Traders work on the floor of the New York Stock Exchange on Tuesday. Photo: AP

US stocks surge on optimism about deal to end China trade war, after Trump suggests he might let tariff deadline ‘slide’

  • The S&P 500 was up 1.3 per cent, while the wave of buying drove a 372-point gain for the Dow Jones Industrial Average, ending its four-day run of losses
Topic |   Stocks

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Traders work on the floor of the New York Stock Exchange on Tuesday. Photo: AP
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