U.S., China grant trade concessions as fresh talks loom

WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump on Wednesday welcomed China's decision to exempt some U.S. anti-cancer drugs and other goods from its tariffs and announced a short delay to scheduled tariff hikes on billions worth of Chinese goods.Stock markets in Asia rose on the news in early Thursday trade, as the concessions came days ahead of a planned meeting aimed at defusing the escalating trade war between the world's two largest economies.China's decision to exempt some U.S...