Global shares advance on relief that Trump is delaying higher China tariffs

Global shares advance on relief that Trump is delaying higher China tariffs Updated 20 mins ago Global shares are mostly higher after President Donald Trump delayed raising tariffs on China for another 90 days. Tokyo's Nikkei 225 reached a new record high after the U.S. confirmed that tariffs on imports from Japan would be taxed at 15% and not subject to “stacking” that rate on top of already existing duties. Shares also finished higher in China. Trump signed an executive order Monday putting on hold a possible showdown between the world’s two major economies, to allow more time for trade talks. The S&P 500 lost 0.3%, the Dow industrials fell 0.5% and the Nasdaq composite declined 0.3%.