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Asian markets rallied on Monday as tensions over trade eased slightly after U.S. President Donald Trump said electronics such as computer chips, smart phones and laptops would not be subject to the same high import duties as some other products.
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The global oil market faces “large surpluses” this year and next as the trade war weighs on crude demand growth and OPEC+ eases supply curbs, according to Goldman Sachs Group Inc.
Asian markets rallied on Monday as tensions over trade eased slightly after U.S. President Donald Trump said electronics such as computer chips, smart phones and laptops would not be subject to the same high import duties as some other products.
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