'Very strong' trade deal: US and China cut tariffs in major shift

The trade agreement between the United States and China, with the suspension of tariffs for 90 days, has brought immediate relief to the markets.The Dow Jones has gone back more than 1,000 points and the Nasdaq more than 6%.A breath that, however, does not clear the clouds that accumulate on the horizon.Volatility remains present, and investors wonder if the time has come to adjust their portfolios. Virginia Pérez, investment director at Tressis…

US, China negotiating amid trade war pause but uncertainty persists

President Donald Trump’s agreement with China to temporarily slash tariffs for 90 days offered the world a bit of welcome relief. What persists is a sense of uncertainty and the possibility that some damage from the trade war could already…

Trump struck a trade deal with China, but don't expect prices to go down anytime soon

President Donald Trump made a temporary trade deal with China, reducing tariffs to 30% for 90 days.ROBERTO SCHMIDT / AFPPresident Donald Trump made a temporary trade deal with China, reducing tariffs to 30% for 90 days.Supply chain experts told BI the deal is progress, but it won't reverse the tariff turmoil just yet.The US economy is still stuck in the "bullwhip effect," so prices and supply will remain in flux.A temporary pause on sky-high tar…

U.S. and China's Temporary Trade Truce: A Brief Respite - Real News Now

A temporary halt to the trade feud between the United States and China is being observed for a period of 90 days, resulting in an ephemeral drop in previously exorbitant tariffs. This surprising retreat has far surpassed the assumptions of the market, leading to a flurry of activity as investors swarm back to Hong Kong and New York to trade stocks. A dramatic decrease in import levies on the majority of Chinese goods by the U.S., from 145% to 30…

'Very strong' trade deal: US and China cut tariffs in major shift

The United States and China slashed sweeping tariffs on each other’s goods for 90 days on Wednesday, marking a temporary de-escalation in a brutal trade war...

What the Trade Détente Means for Investors – Humble Student of the Markets

Treasury Secretary Scott Bessent didn’t return from Switzerland and proclaim “Trade peace in our time” while waving a piece of paper. Instead, the interim deal represented a signal toward a trade détente and the acknowledgement that China is an equal in global trade with the U.S.   The agreement. lowered the U.S. tariff on Chinese […] To access this post, you must purchase Monthly subscription.