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Markets around the world jumped after the U.S. and China agreed to slash tariffs on each other's goods, reassuring investors ...
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched ...
U.S. stock futures soared Monday morning after Washington and Beijing struck a surprise deal to dramatically cut tariffs, ...
Over the weekend in Geneva, US and Chinese officials issued a joint statement agreeing to a 90-day truce in their trade war.
Markets rally on tariff rollback, with more negotiations planned; Nasdaq rises 4% and enters new bull market ...
The announcement that the United States and China were cutting tariffs following weekend discussions sent stock markets ...
What To Know: The rally reflects broad optimism that reduced trade barriers xould ease supply chain constraints and boost business confidence in the industrial and manufacturing sectors.
Representatives from the U.S. and China negotiated in Geneva to arrange for U.S. tariffs on Chinese imports to decrease.
Ore futures dropped by about 2% on May 8. But come Monday, iron ore futures bounced back after the US and China announced a 90-day relief in the tariffs. This surge caught many by surprise.
U.S. stocks rallied sharply on Monday after the United States and China announced a temporary rollback of reciprocal tariffs, ...
The 90-day pause is a major de-escalation in the tariff war and comes after talks between both countries in Geneva.