China
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 steepest tariffs implemented by President Donald Trump. On Monday, the U.S. and […]
Read More
European stocks close higher after U.S.-China deal to cut tariffs
European stocks close higher European stocks closed higher Monday following news that the U.S. and China had reached an agreement to cut tariffs. The Stoxx 600 climbed 1.1% with mining stocks rallying nearly 5% to lead the gains. The U.K.’s FTSE 100 was 0.6% higher as France’s CAC 40 moved up 1.4% and Germany’s DAX climbed […]
Read More
Trump says China will ‘open up’ to U.S. businesses, suspend trade barriers
President Donald Trump, joined by National Institutes of Health (NIH) Director Jay Bhattacharya, speaks during a press conference in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images News | Getty Images President Donald Trump said Monday that China would “agreed to open” after the […]
Read More
Dow futures rocket higher by 1,100 points after U.S.-China agree to cut tariffs: Live updates
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters U.S. stock futures jumped early Monday after the U.S. and China agreed to temporarily slash tariffs following negotiations over the weekend in Switzerland. Dow Jones Industrial Average futures gained 1,117 points, or 2.6%. S&P 500 futures climbed 3.1%, and Nasdaq-100 […]
Read More
Stocks making the biggest moves premarket: Nvidia, Best Buy, Eli Lilly, Tesla, Amazon and more
Check out the companies making headlines before the bell. Big Tech stocks – Shares of megacap technology companies surged after the U.S. and China agreed to temporarily cut tariffs , bringing the U.S. tariff rate on Chinese imports down to 30% and China’s duties on U.S. imports to 10%. Tesla , which has seen declining […]
Read 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 officials aimed at ending the tariff war. Fabrice Coffrini | Afp | Getty Images Stock Chart IconStock […]
Read More
U.S.-China breakthrough send tech and chip stocks soaring
HANGZHOU, CHINA – JUNE 3, 2024 – The NVIDIA logo and the Apple logo are pictured in Hangzhou city, Zhejiang province, China, June 6, 2024. On June 5, Eastern time, Nvidia’s stock market value exceeded $3 trillion, officially surpassing Apple’s market value and becoming the world’s second largest technology giant by market value. It is […]
Read More
U.S. and China agree to slash tariffs for 90 days in major trade breakthrough
US Treasury Secretary Scott Bessent (L) and US Trade Representative Jamieson Greer speak to the media after talks between senior US and Chinese officials on tariffs in Geneva on May 11, 2025. Valentin Flauraud | Afp | Getty Images The U.S. and China on Monday agreed to suspend most tariffs on each other’s goods in […]
Read More
U.S. trade talks with China were ‘productive,’ Bessent says
U.S. Treasury Secretary Scott Bessent testifies before a House Financial Services Committee hearing entitled “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System,” on Capitol Hill in Washington, D.C., U.S., May 7, 2025. Nathan Howard | Reuters Treasury Secretary Scott Bessent said Sunday that trade talks with […]
Read More
First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports
Container ships sit docked at the Port of Los Angeles on May 06, 2025 in San Pedro, California. Justin Sullivan | Getty Images News | Getty Images The first shipping containers carrying Chinese products that are subject to President Donald Trump’s 145% tariffs have begun arriving in U.S. ports. Seven ships carrying upward of 12,000 […]
Read More