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Asian markets rally as Trump comments ease Fed, China trade fears
Asian markets rally as Trump comments ease Fed, China trade fears

Asian stocks rallied with Wall Street on Wednesday after Donald Trump said he had "no intention" of firing the head of the Federal Reserve and that eye-watering tariffs on China would be slashed drastically. However, Trump looked to temper those fears Tuesday, saying: "I have no intention of firing him."

Trump says won't fire Fed chief, signals China tariffs will come down
Trump says won't fire Fed chief, signals China tariffs will come down

Donald Trump said Tuesday he had no intention of firing the chair of the US Federal Reserve and signalled a "substantial" lowering of tariffs on China -- moves that brought relief to global markets spooked by his aggressive policies. "I have no intention of firing him," Trump said Tuesday.