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Markets Soar After US-China Tariffs Scaled Back
After two days of high-stakes talks in Switzerland, trade negotiators from the world’s biggest economies announced a massive if temporary de-escalation of tariffs, with the US slashing duties on Chinese products to 30% from 145% and Beijing dropping its levy on most goods to 10%.
Markets rise as US and China agree to slash tariffs
Under the new agreement, the US and China have both suspended all but 10% of their Liberation Day tariffs for 90 days and cancelled other retaliatory tariffs. This will cut US tariffs on Chinese imports to 30%, while Chinese tariffs on US imports will be cut to 10%. The pause will begin on 14 May.
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their ...
The world’s two biggest economies agreed to a 90-day pause on most of their levies after a first round of trade talks in ...
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal ...
U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in ...
A deal with China is a relief to investors who worried 145% tariffs would severely limit trade, raise prices and hurt the US ...
The US and China have agreed to put most tariffs on pause for 90 days, marking a major deescalation in a trade tit-for-tat ...
China trade deal will cut Trump’s “reciprocal tariff” on Chinese goods from 125% to 10%, while Beijing will also do the same.
The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products ...
12 May: The US and China announce a 90-day pause on "reciprocal" tariffs starting 14 May after holding trade talks in ...
Former Trump advisor Stephen Moore said the market rebound that came as China and the U.S. agreed to a 90-day pause on ...
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