India  

Retail and travel stocks surge after truce in U.S.-China trade war

Upworthy Monday, 12 May 2025 ()
Shares of many companies that source at least some of their goods from China are surging on Monday as U.S. and Chinese officials announced that they had reached a deal to roll back most of their recent tariffs and called a 90-day truce in their trade war to allow for more talks on resolving their…
0
shares
ShareTweetSavePostSend
 
Video Credit: Oneindia - Published
News video: U.S Officials' Press Conference in Geneva: Greer & Bessent Announce 115%Tariff Rollback-90-Day Pause

U.S Officials' Press Conference in Geneva: Greer & Bessent Announce 115%Tariff Rollback-90-Day Pause 03:49

In a surprising move, the United States and China have announced a truce in their ongoing trade war following high-stakes talks in Geneva. The deal will see tariffs significantly reduced, with the U.S. cutting its tariffs from 145% to 30%, and China slashing its tariffs from 125% to 10%. But is this...

You Might Like


Related videos from verified sources

‘No Preconditions’: Putin Pushes Peace Talks In Istanbul | Blames Kyiv For Breaking Drone Ceasefire [Video]

‘No Preconditions’: Putin Pushes Peace Talks In Istanbul | Blames Kyiv For Breaking Drone Ceasefire

Russian President Vladimir Putin has offered Ukraine a chance to resume peace talks in Istanbul without any preconditions. Moscow accuses Kyiv of violating multiple ceasefires, including launching over..

Credit: Oneindia     Duration: 04:11Published
'What Timing' Trump Jokes While Swearing In Perdue As New Ambassador To China Amid Trade War [Video]

'What Timing' Trump Jokes While Swearing In Perdue As New Ambassador To China Amid Trade War

President Donald Trump swore in former U.S. Senator David Perdue as his new ambassador to China amidst growing tensions over trade. Trump joked about Perdue’s "timing," highlighting the difficult..

Credit: Oneindia     Duration: 03:35Published
‘Putin Demanding Too Much’: After Trump, VP Vance DROPS Bombshell, Stunning U-Turn Shocks Russia [Video]

‘Putin Demanding Too Much’: After Trump, VP Vance DROPS Bombshell, Stunning U-Turn Shocks Russia

In a dramatic turn of events, U.S. Vice President JD Vance broke ranks with earlier diplomatic signals and delivered a scathing rebuke of Russia’s stance on the Ukraine war, declaring that "Putin is..

Credit: Oneindia     Duration: 06:26Published