US stock futures rally as US and China agree to a rollback in tariffs
Monday, 12 May 2025 () Wall Street stock futures surged on Monday, the dollar strengthened, and gold prices dropped sharply as the United States and China struck a surprise deal to temporarily reduce punitive tariffs and resume trade negotiations, lifting investor sentiment worldwide. Following high-level talks in Geneva over the weekend, the two sides announced a 90-day ceasefire on further […]
President Trump spoke to China's Xi about the ongoing tariff battle, claiming both nations are in an escalating tit-for-tat trade war. While China has denied formal negotiations, Trump is confident..
President Trump signals a potential rollback of his steep China tariffs, saying they’ll “come down substantially, but won’t be zero.” His comments follow Treasury Secretary Scott Bessent’s..
Donald Trump has defended his sweeping new tariffs, urging countries unhappy with U.S. trade levies to stop doing business altogether. Calling the tariffs “appropriate,” Trump brushed aside stock..