Both the U.S. and China could be back at the negotiation table again soon to hash out further details, according to Treasury Secretary Scott Bessent.
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US and China Agree to 90-Day Tariff Truce, Slash Import Duties
In a significant development for global trade, the United States and China have agreed to a 90-day pause in their escalating tariff war, substantially reducing tariffs on each other’s goods. The US …
Economist believes US-China tariff truce could be the start of a financial revolution
Former Trump advisor Stephen Moore said the market rebound that came as China and the U.S. agreed to a 90-day pause on massive tariffs could signal the start of a financial revolution.
What Wall Street’s brightest minds think about the US-China trade deal
Progress on US-China trade over the weekend sent stocks soaring on Monday. However, some top commentators warn that tariffs are still a big risk.
What’s in the US-China trade framework?
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 lowered tariffs will remain in place for 90…
Factbox-What have China and the United States agreed to in Geneva?
China and the United States announced a truce in their trade war on Monday after talks in Geneva that will roll back the bulk of tariffs and other countermeasures by Wednesday. The United States is…
Starbucks rallies on hopes relations with China will improve after the U.S. pulls back from high tariff rates
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 …
Here’s a look at the sectors getting a boost from the truce in the US-China trade war
Shares of many companies that source at least some of their goods from China are surging on Monday as U.S. and Chinese officials announced that they had reached a deal to roll back most of…
U.S. reduces China tariffs from 145% to 30%, for now
American businesses breathe a sigh of relief as import taxes are set at a less ridiculous rate, at least for 90 days. The two countries have comitted to future talks.
China’s ‘new consumption’ sector witnessing IPO boom, showing rapid industry upgrade
China’s “new consumption” sector is witnessing an IPO boom, with a wave of brands ranging from tea chains to lifestyle retailers racing to list overseas, according to a report on Monday. This listing …
Trump: “We Have To Get It Papered, But They’ve Agreed To Open China”
President Trump said during an unrelated WH event Monday that China has agreed to “open up” during trade talks in Geneva this weekend. “The biggest thing we’re discussing is the opening of China, and they’ve…
CATL’s US$5.3 billion Hong Kong IPO defies gloom with city’s biggest stock sale since 2021
Listing is expected to be the largest in Hong Kong since Kuaishou Technology raised US$6.2 billion in January 2021.
Petro to Sign China Investment Deal as Beijing’s Influence Grows
Colombian President Gustavo Petro said he plans to sign up to China’s Belt and Road initiative, potentially boosting Beijing’s growing influence while further souring his relationship with the US.
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