Trump signals tariff easing, emerging market stocks hit four-year high
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Affected by the easing of tensions in China-U.S. trade, emerging market stock markets reached a four-year high, rising 1.5% on Monday. Trump stated that the tariffs on Chinese goods are "unsustainable" and maintains a good relationship with Chinese leaders, expecting to meet in South Korea. Market sentiment has improved, and some analysts believe that China may relax its export controls on rare earths, although the future trade situation remains uncertain. Most Asian emerging market currencies strengthened against the U.S. dollar
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