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US stocks soar as US and China agree to slash tariffs
The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%. The previous set of sky-high tariffs had threatened a surge in prices and a possible U.S. recession, experts told ABC News.
The deal involves both nations cancelling some tariffs altogether and suspending others for 90 days, by 14 May. The result is ...
US stock futures surged after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation in ...
A breakthrough in U.S.-China trade talks has propelled world stocks and the dollar higher, but investors fear further ...
A deal with China is seen as a relief for investors who worried tariffs as high as 145% would severely limit trade, raise ...
Bitcoin jumps past $105K as U.S. and China announce temporary tariff cuts, signaling a thaw in trade tensions and boosting ...
The emails started pouring in on April 9, the day President Donald Trump’s 145% tariff on Chinese imports took effect.
The trade agreement between the US and China is good news, but American consumers are likely to remain hesitant.
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