{"id":121450,"title":"Markets Surge on Trump’s Optimism Over China Tariff Deal","publisher":"Share Talk","author":"sharetalk","published":"2025-04-08T15:01:52+00:00","modified":"2025-04-08T15:01:52+00:00","canonical_url":"https://www.share-talk.com/markets-surge-on-trumps-optimism-over-china-tariff-deal/","markdown_url":"https://www.share-talk.com/markets-surge-on-trumps-optimism-over-china-tariff-deal.md","json_url":"https://www.share-talk.com/markets-surge-on-trumps-optimism-over-china-tariff-deal.json","category":"B2B","categories":["B2B","Blogs","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["canada","carmakers","china","chinese","Donald Trump","Downing Street","EU","European","GDP","goods","Hong kong","Japan","London","Mexican","Mexico","UK","UK economy","USA"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/03/trump.webp?fit=1200%2C800&quality=80&ssl=1","format":"news","language":"en-GB","content":"Stock markets rallied sharply after **Donald Trump expressed optimism** that a trade deal between the **U.S. and China “will happen”**, even as tensions over tariffs between the world’s two largest economies remain high.\n\nIn Europe, the **FTSE 100 and other major indexes jumped more than 3%**, buoyed by the U.S. President’s comments that he is **waiting for a call from China**, whose leaders, he claimed, **“badly” want to reach an agreement**.\n\n**Wall Street followed suit**, with stocks soaring on renewed hopes that last week’s disruption caused by Trump’s “liberation day” tariffs might soon be resolved.\n\nPosting on his **Truth Social** platform, Trump wrote:\n\n> “China also wants to make a deal, badly, but they don’t know how to get it started. We are waiting for their call. It will happen!”\n\nHe also pointed to a potential breakthrough with South Korea, citing a recent phone call with the country’s acting president and the **“probability of a great deal”** on tariffs.\n\n**U.S. Treasury Secretary Scott Bessent** added to market optimism, saying that **“some very large countries with large trade deficits”** were likely to engage in talks soon.\n\n> “We were having a discussion last night about which countries to prioritise,” Bessent told CNBC, “and I think you’re going to see some very large countries come forward very quickly. If they come to the table with solid proposals, I think we can end up with some good deals.”\n\nBessent, a former hedge fund executive, said he had reviewed a **“substantial” call list** at the White House, suggesting active preparations for high-level trade discussions.\n\nIn the UK, **Chancellor Rachel Reeves** told Parliament that she would **meet with Bessent “shortly”**, as Britain continues to pursue a closer trading relationship with the United States.\n\nReeves also held talks earlier with the **Governor of the Bank of England**, who assured her that despite recent market turbulence, **“markets are functioning effectively and our banking system remains resilient.”**"}