NEW YORK (Reuters) – U.S. rates of interest futures rallied on Friday as rising commerce tensions between China and the USA revived bets the Federal Reserve could decrease key borrowing prices by a daring half-point subsequent month.

Earlier Friday, Beijing mentioned it can impose a retaliatory tariffs on about $75 billion price of U.S. items concentrating on agricultural and oil merchandise.

“I will probably be responding to China’s Tariffs this afternoon,” U.S. President Donald Trump wrote in a tweet.

Reporting by Richard Leong

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