A rally in global stocks following a trade truce between the two world's two largest economies appeared to be rapidly losing steam.
A rally in global stocks following a trade truce between the two world's two largest economies appeared to be rapidly losing steam on Wednesday.offered concessions — including no new charges and an easing of restrictions on tech company Huawei — to soothe tensions with Beijing.
The U.S. Trade Representative's office released a list of products — including olives, Italian cheese and Scotch whiskey — thatin addition to those introduced in April. It comes after the U.S. government threatened to impose tariffs on $4 billion worth of EU goods on Monday, as part of a long-running dispute over aircraft subsidies.
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