US-China trade deal getting closer Upbeat Trump remarks prompt Wall Street, Asian markets to rise 1 SHARES Share it! Share TweetBy Agence France-PresseHONG KONG – Asian markets rose Thursday following upbeat comments from US President Donald Trump that a trade deal with China could come sooner than expected and steps towards a new agreement with Japan. Trump, in an appearance at the United Nations, said a deal with China was getting closer, sending Wall Street higher despite concerns over the launch of an impeachment inquiry against the mercurial leader. Trump on Wednesday also said Washington and Tokyo had taken a major step toward sealing a comprehensive new trade deal, which will see Tokyo cut tariffs on $7 billion of US farm exports. Asian markets were cheered by Trump’s positive comments on trade, with Tokyo rising 0.3 percent, Hong Kong adding 0.2 percent and Seoul up 0.4 percent.

Source: Manila Bulletin September 26, 2019 10:30 UTC