Wall St. Surges as Trade War Fears Cool<br />The United States asked China in a letter last week to slash tariffs on U. S. autos, buy more U. S.-made semiconductors<br />and give U. S. firms greater access to the Chinese financial sector, the Wall Street Journal reported on Monday.<br />Chinese Premier Li Keqiang said on Monday the country would treat foreign<br />and domestic firms equally, not force foreign firms to transfer technology and would strengthen intellectual property rights, repeating promises that have failed to placate Washington.<br />Stock markets were gripped by fears of a global trade war after President Donald Trump last week moved to impose tariffs on Chinese imports<br />of up to $60 billion, adding to the import restrictions he has already placed on solar panels, steel and aluminum among others.<br />(Reuters) - U. S. stocks rose across the board on Monday as fears about a trade war between the United States and China eased following reports<br />that the two countries were willing to negotiate tariffs and trade imbalances.<br />OANDA wrote that There are some tentative signs that fears of an escalation of trade tensions are beginning to ease,
