Source: International Business Times
Treasury Secretary Scott Bessent said the Trump administration had received 'very good' trade proposals as countries look to avoid steep tariffs AFP The dollar rose in Asia on Tuesday fuelled by hopes for trade deals to avert Donald Trump's sweeping tariffs, while equities mostly rose as investors await the Federal Reserve's latest policy decision. Oil also staged a comeback after tanking on news of an output hike by key producers that came despite growing concerns about demand and the outlook for the global economy. While no agreements have yet been reached with the White House, there is optimism that governments are making progress in averting or tempering the US president's eye-watering levies, which have sent shivers through world markets.
