Stocks jump as US and China announce progress in trade talks

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Stocks jump as US and China announce progress in trade talks

May 21st 2018, 15:05, by By Marley Jay The Associated Press

NEW YORK >> Stocks are jumping Monday morning after the U.S. and China appeared to make major progress in trade talks. The Chinese government says it will buy more goods and services and Treasury Secretary Steven Mnuchin says the U.S. postponed tariffs on up to $150 billion in goods from China after the two sides made “meaningful progress” toward a new trade agreement.

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