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Stocks rise as Trump says US-China trade meeting will take place on Monday

“The meeting should go very well,” Trump said in his post. The announcement comes amid a punishing tariff war between the world’s two largest economies as Trump works to rebalance what he considers unfair trade between the US and its global partners. Trump and his Chinese counterpart Xi Jinping spoke for 90 minutes on Thursday. After Trump’s call with Xi, the US president said he was encouraged that ongoing trade tensions could soon be resolved.

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