Stocks rallied Monday after Chinese and US officials made “substantial progress” at trade talks in Geneva and slashed their tit-for-tat tariffs for 90 days, fuelling hopes the two sides will pull back from a standoff that has rattled global markets.

The earlier limit was $10,000

Investors are hoping the White House will soon scale back the 145 percent tariff on Chinese goods

Washington expressed optimism after trade talks with China aimed to de-escalate trade tensions sparked by President Donald Trump’s aggressive tariff rollout.

Investors are hopeful that US-China trade talks will cool a trade war between the world’s two largest economies and dispel some of the uncertainty clouding financial markets, though few expect a major breakthrough just yet.

"There are hundreds of billions of dollars of trade on the line."

"I am going to increase trade, substantially, with both of these great Nations," he posted on TruthSocial

Senior US and Chinese officials were meeting in Geneva yesterday in a bid to de-escalate a trade war sparked by President Donald Trump’s sweeping tariff roll-out and further fuelled by Beijing’s robust retaliation.

US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer are set to confer with Chinese Vice Premier He Lifeng in the Swiss city

Pakistan came to the brink of default in 2023, as a political crisis compounded an economic downturn and drove the nation's debt burden to terminal levels

The world's second-largest economy has grappled with persistent deflationary pressure in recent years, with longstanding woes in the property sector and export headwinds impeding growth

Tariffs imposed on the Asian manufacturing giant since the start of the year currently total 145 percent, with cumulative duties on some goods reaching a staggering 245 percent.

The European Union is accelerating free trade talks with Asia following hefty tariffs by US President Donald Trump, the bloc’s trade chief said Wednesday.

The US president told reporters at the White House

Bangladeshi traders say at global summit in Sri Lanka

The Nifty 50 was flat at 24,411.5 and the BSE Sensex was tepid at 80,776.75, as of 10:26 a.m. IST.

Carmakers have been among the hardest hit by the US president's multi-pronged assault on free trade

The row over onboard container handling charges at the General Cargo Berth (GCB) terminal of Chattogram Port has finally ended with a unanimous decision to raise the charge by Tk 175 per container.

The New York Times and Politico reported that Trump was set to agree to a deal with Britain, citing multiple people familiar with the plans.

Trump did not offer more details but said it would be the "first of many."