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U.S.-China Truce Boosts Global Markets, Promises Recovery

5/13/2025

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U.S.-China Trade Truce

Global stock markets surged as U.S. and Chinese officials reached a temporary truce, suspending most tariffs for 90 days. Futures for the S&P 500 and Nasdaq pointed to promising gains, offering a glimmer of hope after recent tariff hikes rattled investors. This pivotal agreement paves the way for ongoing negotiations to mend trade ties.

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Trump Reduces Tariffs

In a significant move, President Trump unveiled a 90-day agreement with China to slash tariffs, paving the way for U.S. businesses to access Chinese markets. Tariffs on Chinese imports will plummet from 145% to 30%, while China will reduce its tariffs from 125% to 10%. Further negotiations are set to solidify this promising deal.

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U.S.-China Trade Truce

Global stock markets surged as U.S. and Chinese officials reached a temporary truce, suspending most tariffs for 90 days. Futures for the S&P 500 and Nasdaq pointed to promising gains, offering a glimmer of hope after recent tariff hikes rattled investors. This pivotal agreement paves the way for ongoing negotiations to mend trade ties.

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