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Analysis

Trade optimism lifts stocks, buck still struggling [Video]

The U.S. market rebound, sparked by reported progress in trade talks with India and a softened U.S. stance toward China, including Trump’s dismissal of tariff hikes and threats to oust Federal Reserve Chair Powell, signals a welcome shift to a de-escalation phase in Trump’s trade strategy, with Treasury Secretary Bessent promoting pro-market policies.

 

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