Donald Himpele Jnr works at his post on the floor of the New York Stock Exchange. Volatility has dominated the markets this week, but analysts said investors needed to take the long view. Photo: AP

Markets stage comeback after Friday trade war talks, despite Trump’s tariff increase on Chinese goods

  • US stocks recovered from a weeklong sell-off after the Trump administration followed through with a rise in duties at midnight
  • Trump tweeted positively about China and his relationship with Xi Jinping
Topic |   US-China trade war

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Donald Himpele Jnr works at his post on the floor of the New York Stock Exchange. Volatility has dominated the markets this week, but analysts said investors needed to take the long view. Photo: AP
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Chinese Vice-Premier Liu He leaves the Office of the United States Trade Representative in Washington on Thursday. Photo: AP

China vows to implement ‘necessary countermeasures’ in response to Donald Trump’s US tariff increase

  • Increase from 10 per cent to 25 per cent on US$200 billion of Chinese goods was threatened by the US president in a tweet on Sunday
  • Vice-Premier Liu He is in Washington for the 11th round of talks, but left a meeting with US Trade Representative Robert Lighthizer after less than 90 minutes
Topic |   US-China trade war

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Chinese Vice-Premier Liu He leaves the Office of the United States Trade Representative in Washington on Thursday. Photo: AP
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