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…
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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.
Trump administration live updates: U.S. and China agree to tariffs pause; president signs executive order on drug pricing
Live updates and the latest news as the U.S. and China pause tariffs and Trump signs an executive order aimed at lowering drug prices.
U.S.-China Trade Deal Turns Back Clock On Tariffs; S&P 500 Soars, But Risks Remain
The U.S.-China trade deal to temporarily slash tariffs by more than 100% sent S&P 500 futures soaring on Monday. Here’s what happens now.
Markets roar as US slashes China tariffs to 30% for 90 days
Bitcoin jumps past $105K as U.S. and China announce temporary tariff cuts, signaling a thaw in trade tensions and boosting market sentiment.
Bessent hopeful future US-China trade talks will lay groundwork for ‘more fulsome agreement’
Treasury Secretary Scott Bessent expressed optimism about continuing trade negotiations with Chinese officials after meeting in Geneva, with plans to meet again in the next few weeks to hash out a
