---
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"
date: 2025-04-08
canonical: "https://www.share-talk.com/markets-surge-on-trumps-optimism-over-china-tariff-deal/"
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"]
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"
---

# Markets Surge on Trump’s Optimism Over China Tariff Deal

**Published:** April 8, 2025
**Author:** sharetalk
**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)

---

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.

In 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**.

**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.

Posting on his **Truth Social** platform, Trump wrote:

> “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!”

He 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.

**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.

> “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.”

Bessent, 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.

In 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.

Reeves 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.”**

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