Global markets gained on Friday last week (Dec. 13) and would continue this week after the so-called Phase One deal between the United States (U.S.) and China. That said, U.S. President Donald Trump limited trade deal with China. He suspended the planned imposition of new 15% tariffs on Sunday (Dec. 15) that would have hit US$160 billion in Chinese consumer goods just weeks before Christmas, including $115 billion worth of iPhones, laptops, and other electronics, Reuters reported.

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