Stocks spike after U.S.-China tariff deal

U.S.-China trade war eases after both sides agree to reduce tariffs

Ukrainian President Volodymyr Zelenskyy said in a post on X that he hopes Trump will participate in direct talks between Russia and Ukraine in Turkey this week during his trip to the Middle East. "I supported President Trump with the idea of direct …

Trump: The EU is ‘nastier than China’

Brussels last week dangled a list of potential concessions — including regulatory easing and joint efforts to curb Chinese overproduction — and threatened tariffs on €95 billion worth of U.S. goods if talks stall. Trump's trade hawk Peter Navarro …

U.S.-China Tariff Deal Eases Uncertainty And Sends Stock Markets Soaring

General Joseph Dunford (L), chairman of the US Joint Chiefs of Staff, and Chief of the General Staff ... More of the Chinese People's Liberation Army General Fang Fenghui shake hands after signing an agreement at the Bayi Building in Beijing on August …

U.S. and China agree to slash tariffs for 90 days in major trade breakthrough

The U.S. and China on Monday agreed to temporarily suspend most tariffs on each other's goods in a move that shows a major thawing of trade tensions between the world's two largest economies. The trade agreement means that "reciprocal" …

Treasury yields soar on hope a recession will be avoided after temporary China-U.S. deal

Treasury yields moved higher on Monday after the U.S. and China agreed to slash tariffs on each other's goods, a move welcomed by investors. The 10-year Treasury yield was up by 6.6 basis points to 4.441%, while the 2-year Treasury yield jumped more …

A 'huge win' for bulls: Markets soar on U.S.-China deal as Wall Street sees more upside

U.S. Treasury Secretary Scott Bessent (R) and U.S. Trade Representative Jamieson Greer hold a news conference in Geneva on May 12, 2025, to give details of "substantial progress" following a two-day closed-door meeting between U.S. and China top …

Bessent sees tariff agreement as progress in 'strategic' decoupling with China

Treasury Secretary Scott Bessent said Monday that the trade agreement reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products. Though the U.S. "decoupling" itself from its need for cheap imports from …

Crude oil jumps 4% on hope economic growth will rebound from temporary U.S.-China trade deal

Crude oil futures jumped 4% on Monday, after the U.S .and China agreed to slash tariffs, easing trade tensions between the world's two largest petroleum consumers. U.S. crude oil was up $2.52, or 4.1%, to $63.54 per barrel. Global benchmark Brent rose …

U.S., China agree to temporarily ease tariffs

The United States and China announced a step toward ending their trade war. Both countries have agreed to sharply reduce tariffs for 90 days. Last month, the U.S. imposed a 145% tariff on Chinese goods and Beijing responded with 125% tariffs on American …