US stocks rebounded following Trump’s softer rhetoric on China – Newsquawk Asia-Pac Market Open

US stocks rallied to recoup some of the downside seen on Friday that had been triggered by US President Trump’s tariff offensive against China, with the rebound spurred by the softer rhetoric over the weekend by Trump who said everything will be “fine” with China, while Treasury Secretary Bessent also stated that 100% tariffs do not have to happen and that things are still in place for a Trump meeting with Chinese President Xi. The toning down of aggression on China trade from Trump had boosted sentiment and largely reversed a lot of the price action seen on Friday, while…