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Date: 12-may-2025 | By: Nuztrend Team
In a significant diplomatic and economic breakthrough, the United States and China announced on Monday a mutual agreement to slash tariffs for 90 days, sending global stock markets soaring and easing investor fears over prolonged trade hostilities.
According to official statements from both sides, the United States will reduce tariffs on Chinese imports from 145% to 30%, while China will cut its tariffs on U.S. goods from 125% to 10%. This temporary relaxation, effective immediately, is designed to allow both countries to negotiate long-term trade stability.
Markets responded swiftly and positively to the news, with major indices recording their best performance in months:
Investors welcomed the easing of trade tensions, especially after months of uncertainty that rattled global supply chains and technology markets.
Economists say the truce could lower costs on imported goods, particularly in electronics, machinery, and auto parts—benefitting both businesses and consumers in the short term.
Both countries have agreed to use this window to negotiate a more balanced and sustainable trade partnership. However, the success of future negotiations remains uncertain, especially with upcoming elections in both nations potentially influencing policy shifts.
Until then, markets are expected to ride the current wave of optimism, albeit cautiously.
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Date: 12-May-2025
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Date: 13-May-2025
On May 12, 2025, U.S. stock markets rallied as the U.S. and China agreed to a 90-day tariff pause, boosting investor confidence across sectors.
