New York, United States, China discussed on Marketplace All-in-One

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This marketplace podcast is brought to you by dell healthcare needs help patient visits costs and paperwork are spiraling battelle advanced technology and energetics are designed to improve fishy patient outcomes and the healthcare experience at patel it can be done learn more at patel dot org slash q i and by sun basket sun basket has been rated the number one meal kit by leading publications why they deliver easy recipes and clean ingredients to your door with options for paleo glutenfree lean and clean vegan mediterranean family options and more go to sun basket dot com slash morning to learn more and get thirty five dollars off your first order sun basket dot com slash morning maybe we're not headed for a trade war after all these markets don't think so from marketplace in new york i'm sabrina or in for david brancaccio markets are surging this morning the dow is up four hundred seventy points that's two percent the snp is up one point seven percent the nasdaq is up more than two percent this is all an apparent response to news over the weekend that the us and china have entered into talks to resolve differences over trade last week markets had dropped sharply after the trump administration imposed up to sixty billion dollars worth of tariffs and investment limits on china the wall street journal report that in weekend talks the us has made detailed requests including reduction of chinese tariffs on us cars and greater access to china's financial sector for american companies the financial times adding that beijing is offering to purchase more american semiconductors we are also learning that south korea has become the first us ally to win exemption from massive us tariffs on steel and aluminum it's the third largest source of steel.

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