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Wall Street stocks soar on US-China tariff reprieve
The negotiations mark a significant de-escalation in Trump’s global tariff offensive, which had sent US stocks tumbling as much as 15 per cent following Trump’s “liberation day” announcement. Trump had paused most of the so-called reciprocal tariffs a week after they were announced,
Futures on Wall Street soar after China and US agree to pause most of their sharp tariff increases
U.S. futures surged after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump began escalating his trade war
A White House executive order said on Monday that the U.S. would cut the "de minimis" tariff on China shipments to 54% from ...
The U.S. and China agreed to a 90-day pause in their trade conflict. Here's what China's tariffs on the U.S. looked like in ...
Chinese online retailers had previously relied on the "de minimis" loophole to ship low-value items to the US.
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