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Published on May 12, 2025Source: CBS News - Neutral
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Published on May 12, 2025
With Tariff Retreat, Trump Cedes Leverage to China
This article is part of The D.C. Brief, TIME’s politics newsletter. Sign up here to get stories like this sent to your inbox. Donald Trump just did the economic equivalent of Control-Alt-Delete on his trade policy. No, he didn’t fully retreat but he backed …
Source: TIME Magazine - Center-left -
Published on May 12, 2025
After UK and China trade deals, tariff rate still highest since 1934, Yale report says
A cargo ship moors at the container terminal berth of Lianyungang Port for loading and unloading containers in Lianyungang City, Jiangsu Province, China, on May 9, 2025. Nurphoto | Nurphoto | Getty Images The tariff rate the U.S. puts on imports remains …
Source: CNBC - Neutral -
Published on May 12, 2025
Stock markets surge Monday on signs of a trade truce between US and China
MARKETS Stocks surge on signs of a trade truce between US and China Wall Street’s bets that the US-China trade truce marked the end to an all-out tariff war drove the S&P 500 up over 3 percent Monday, while sinking defensive corners of the market from …
Source: The Boston Globe - Massachusetts - Neutral -
Published on May 12, 2025
Trump China trade deal: Tariff pause means new surge in freight shipments, and higher prices
Another surge in trade from China to the U.S. should be getting underway, according to retailers and logistics executives, as the initial trade deal struck by the U.S. and China leads importers to move forward with shipments during the 90-day pause on the …
Source: CNBC - Neutral -
Published on May 12, 2025
China Market Update: Substantial Progress, Tariffs Reduced To 10% For 90 Days
CLNKraneShares Key News Asian equities cheered the initial positive comments concerning the US-China trade meeting over the weekend and the India-Pakistan truce, as the Renminbi appreciated nearly +0.5% versus the US dollar. Indonesia, Thailand, and …
Source: Forbes - Neutral -
Published on May 12, 2025
Message in US-China trade deal: Neither side wants a sudden breakup
A sense of full-on crisis surrounding U.S.-China trade has eased, for now, and both sides can proceed to the less spectacular work of negotiating an agreement. American businesses, consumers, and the world breathed a sigh of relief. World markets soared. A …
Source: Christian Science Monitor - Neutral -
Published on May 12, 2025
Jim Cramer sees 4 stocks as our biggest winners of easing U.S.-China trade tensions
The United States and China agreed on Monday to temporarily halt the majority of tariffs on each other's goods — a development that bodes, particularly, well for the future of four Club stocks. The 90-day pause, which takes effect Wednesday, reduces …
Source: CNBC - Neutral -
Published on May 12, 2025
Expect China to help Trump on fentanyl, TikTok and midterm elections, says Evercore ISI strategist
U.S. President Donald Trump could have the upper hand in subsequent trade talks with China as the nations hammer out further negotiations, according to Neo Wang, lead China economist and strategist at Evercore ISI. The U.S. negotiated a long-awaited deal …
Source: NBC News - Center-left -
Published on 01:07 GMT
China’s army of food delivery drivers get by with help from discount ‘loving meals’
BEIJING (AP) — After the lunchtime rush, it’s time for China’s food delivery drivers to eat. Liu Lijie, halfway through a 13-hour workday, parked his electric scooter in front of a restaurant in Beijing for his go-to choice, lamb noodle soup with a side of …
Source: Associated Press - Neutral