Starbucks rallies on hopes relations with China will improve after the U.S. pulls back from high tariff rates

Starbucks coffeehouse chain. Starbucks has coffee locations in over 80 countries.

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Starbucks (NASDAQ:SBUX) broke higher in Monday trading after the U.S. and China agreed to lower tariffs. Investors may be hoping for a cooling of the broad global trade war beyond just China.

The Seattle-based company sources coffee from over 30

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