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Stocks and oil surge after US/China trade war truce

By James Sillars, business reporter
Stock markets are rallying worldwide after the US and China agreed to suspend new tariffs in their trade war to allow for peace talks.
US president Donald Trump - who initiated the spat with the world's second-largest economy - announced at the weekend he would postpone tariff increases due in January for 90 days.The decision followed a meeting at the G20 summit in Argentina with his Chinese counterpart Xi Jinping, who promised to buy more American exports in exchange for the delay.
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