Cancelling tariffs is an important condition for reaching a deal according to the Chinese commerce ministry comments on in-depth talks between USA-China.
Lack of clarity on the U.S.-China trade negotiations kept markets wary about the tariff war’s result on the health of the global economy.
Traders grew optimistic ahead of Trump trade speech, where he is expected to postpone imposing tariffs on EU autos.
In a significant boost for Boris Johnson ahead of the Dec. 12 election, Farage said he would not contest the Conservative party in upcoming elections.
U.S. President Donald Trump on Friday further magnified the uncertainty, saying he had not agreed to tariff rollback.