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China-US tariffs drop: 'From apocalyptic to merely bad'

China-US tariffs drop: 'From apocalyptic to merely bad'

SBS News in Depth
3 min
13 May
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About the episode

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 surged more than 3 per cent, while the Nasdaq catapulted 4.4 per cent higher.