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S&P 500 surges 2.7% after the U.S. and China announce a 90-truce in their trade war

Upworthy Monday, 12 May 2025 ()
Stocks are surging on Wall Street after China and the United States announced a 90-day truce in their trade war. They agreed to take down most of their tariffs that economists warned could start a recession and create shortages on U.S. store shelves. The S&P 500 was 2.7% higher in early trading…
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