मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
Stocks and dollar rebound in Asia as Trump changes his tune
Daily Maverick
|April 25, 2025
Stock markets enjoyed a much-needed relief rally in Asia midweek after US President Donald Trump said he had no plans to fire the head of the Federal Reserve and hinted at lower tariffs for China.
The dollar jumped across the board after Trump changed his tune on dismissing Fed chairperson Jerome Powell, which had badly shaken investor confidence in US assets.
Trump also reiterated he wanted to do a deal with China so that tariffs would not be anywhere near 145%, but added that he would set the terms of a deal if Beijing did not enter into talks.
On Tuesday, 22 April, Treasury secretary Scott Bessent was reported saying he believed there would be a de-escalation in US-China trade tensions, but negotiations with Beijing had not yet started and would be a “slog”.
यह कहानी Daily Maverick के April 25, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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