China Growth Forecasts Soar After US-China Trade Truce

 

A surprise trade truce between the U.S. and China has led to revised upward growth forecasts. The 90-day agreement to temporarily reduce tariffs from 125% to 10% has prompted institutions like UBS, Morgan Stanley, ANZ Bank, and Natixis to increase their China GDP growth predictions for 2025 and the...

US Lowers Tariffs on Cheap Chinese Imports

 

The White House announced a reduction in tariffs on cheap imports from China, lowering the tariff on packages valued under $800 from 120 percent to 54 percent or a flat $100 fee. This follows a previously announced 90-day mutual tariff reduction with China. The change counters the impact...

US-China Tariff Slash Sends Stocks Soaring

 

US and China agreed to slash tariffs, leading to a significant surge in US stock markets. The Dow Jones soared 1,160 points (2.8%), S&P 500 jumped 3.2%, and Nasdaq rose 4.3%. The US reduced tariffs on Chinese goods from 145% to 30%, while China lowered tariffs on US...

US-China Trade War: Temporary Truce, Tariffs Reduced

 

The US and China have agreed to a 90-day truce in their trade war, temporarily reducing tariffs. President Trump, who had previously escalated the conflict with significant tariff hikes, has now lowered them to 30 percent, while China also reduced retaliatory measures. While talks will continue, details on...

Record US Tariffs Reduce April Budget Deficit

 

US tariff revenues reached a record $16.3 billion in April 2025, an 86% increase from March and more than double the amount from April 2024. This surge, attributed to President Trump's trade policies, brought the year-to-date total to $63.3 billion. While the US budget deficit persists, the tariff influx...

US-China Trade War De-escalation Boosts Stocks

 

US stocks surged Monday after a significant de-escalation in US-China trade tensions. Tariffs were drastically reduced, averting a potential recession. The Dow Jones rose 2.3%, S&P 500 by 2.7%, and Nasdaq by 3.5%. This follows months of escalating tariffs and trade war threats. The agreement includes a...

US-China Trade War: 90-Day Truce Announced

 

Following weekend talks in Geneva, the US and China have agreed to a 90-day trade truce. The US will lower tariffs on Chinese imports to 30%, while China will reduce tariffs on US goods to 10%. This temporary de-escalation aims to prevent a complete decoupling of the economies,...

US-China Trade Deal: Tariffs slashed, markets surge

 

U.S. and China reached a surprise trade deal in Geneva, significantly reducing tariffs. Analysts lauded the agreement, exceeding expectations with a tariff reduction from 108.8% to 27%. This positive development is expected to boost risk-on sentiment, benefitting U.S. assets like stocks and the dollar. While the deal's longevity...

US, China Ease Trade Tensions in Geneva Agreement

 

The U.S. and China issued a joint statement following a Geneva meeting, agreeing to ease trade tensions. Both countries will temporarily suspend some tariffs imposed in April 2025, reducing them by 24 percentage points for 90 days, maintaining a 10% rate. China will also lift non-tariff retaliatory measures....

US-China Tariff Talks Resume Amidst Diverging Views

 

US and China resumed tariff talks in Geneva, with President Trump claiming "great progress." However, China's official news agency expressed a firmer stance, rejecting proposals compromising core principles. The talks, shrouded in secrecy, aim to de-escalate trade tensions and stabilize global markets disrupted by high tariffs imposed by...