China, US Slash Sweeping Tariffs On Each Other
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The S&P 500, which plummeted as much as 12% in the days following the "Liberation Day" tariff announcement, is now up over 3% since.
U.S. stocks rallied Monday after the U.S. and China agreed to temporarily slash tariffs following negotiations over the weekend in Switzerland.
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,
It felt much longer, but the U.S. stock market needed just a few weeks to roar all the way back to where it was on President Donald Trump’s “Liberation Day.”
Dow industrials slip, Treasury yields creep higher and bitcoin rallies
South Korea's acting president, Han Duck-soo, said Monday that his country would soon launch negotiations with the U.S. to address President Trump's tariffs. Han told a meeting with government ...
The Dow Jones Industrial Average rose as much as 300 ... the one-two punch of inflation and higher interest rates. Now the tariffs could be the straw that broke the camel’s back, as consumer ...