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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.
But on Monday, Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer said the two sides had agreed to ...
Former Trump advisor Stephen Moore said the market rebound that came as China and the U.S. agreed to a 90-day pause on ...
While the White House backed off from its steepest levies on Chinese goods, economists say it’s still too early to declare ...
Key Takeaways Stocks were buoyant on Monday after White House officials said the U.S. and China had agreed to scale back ...
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their ...
US stock futures surged after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation in ...
President Donald Trump is expected on Monday to embark on an official trip to the Middle East, a major international trip.
Senior economic officials from the United States and China are scheduled to hold high-stakes talks in Geneva on Saturday, ...
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