Global markets rallied on Monday (Dec. 3) as trade tensions eased after the United States (U.S.) President Donald Trump and his Chinese counterpart Xi Jinping agreed to suspend new tariffs for 90 days at the G20 meeting during the weekend. For the time being the U.S. will not increase tariffs to 25% from 10% in January, and China agreed to start purchasing more agricultural products from the U.S.. Over the next 90 days, U.S. and Chinese officials will continue to negotiate.
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