Dow Jones Soars as Trump Declares U.S.-China Trade Talks Progressing ’Very Well’
Markets surge on renewed trade optimism as Washington-Beijing negotiations show unexpected momentum.
Trade War Thaw
The Dow Jones Industrial Average ripped higher after former President Trump signaled substantial progress in ongoing trade discussions between the world's two largest economies. Trading floors buzzed with renewed optimism as rhetoric shifted from confrontation to collaboration.
Market Mechanics
Investors piled into risk assets, betting that reduced trade tensions could unlock global growth potential. The rally extended across sectors, with technology and industrial stocks leading the charge—because nothing makes traders happier than the vague promise of slightly fewer artificial barriers to commerce.
Diplomatic Dance
The 'very well' characterization marks a notable departure from previous negotiations that often featured public recriminations and tariff threats. Both sides appear motivated to find common ground, though seasoned observers note the devil remains in the implementation details.
Because when has optimistic political rhetoric ever failed to deliver concrete economic results?
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The talks have shaped up “very well” between the two sides, President TRUMP said in a Truth Social post. He added that he would speak to Chinese President Xi Jinping on Friday.
Trump Teases TikTok Deal
In addition, Trump hinted at a TikTok deal. The U.S. has extended the deadline to ban the popular short-video app several times, with the current deadline set to September 17.
“A deal was also reached on a ‘certain’ company that young people in our Country very much wanted to save,” Trump said. “They will be very happy!” Treasury Secretary Scott Bessent later confirmed that the U.S. and China had already reached a framework deal for the app.
