Global markets: Hong Kong stocks jump more than 3% as US-China agree to cut tariffs, 90-day pause

Hong Kong stocks jumped more than three percent Monday after China and the United States announced a suspension of their stiff tariffs in a bid to ease trade tensions between the economic superpowers.

The Hang Seng Index surged 3.34 percent, or 762.94 points, to 23,630.68.

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