TOKYO -- Stocks closed higher in Japan on Tuesday following an agreement between the U.S. and China to temporarily lower tariffs they have imposed on each other's exports, easing investor concerns about an escalating trade war.
Markets
Japan stocks close higher as investors welcome US-China trade truce
Yen weakens and bond yields rise amid unwinding of safe-haven flow
The Tokyo market saw an unwinding of the safe-haven flow that took place when Trump first announced his tariff policies in early April. (Photo by Yuji Murakami)
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