Stocks bounce back at end of week 22 SHARES Share it! Philippine shares rose after a report that China would cut import tariffs for most of its trading partners, sidelining wider trade war worries. “China is considering tariff rate cuts on imports on a majority of its trading partners. So, in effect, this would trim the impact of a possible blowout of the US-China trade war on global trade. Strong economic data helped to alleviate concerns over escalating U.S.-China trade tensions.

Source: Manila Bulletin September 21, 2018 13:52 UTC