China celebrates hard-line stance
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Now that the agreement between China and the U.S. has mitigated some of the most worrisome economic effects, the Federal Reserve's calculus on when to cut interest rates may change.
A 90-day tariff cut between the US and China boosts stocks, yet Wall Street debates growth prospects against inflation risks.
Top US officials involved in high-level trade negotiations with China emerged from two days of talks touting “substantial progress” and appearing to confirm that a deal between the two countries had been reached,
U.S. and Chinese trade negotiators agreed over the weekend to lower mutually imposed triple-digit tariffs in a significant de-escalation of the ongoing trade war between Washington, D.C., and
Foreign portfolio investors infused $3 billion into Indian equities since March, but momentum is fading as FPIs turned net sellers, offloading $279 million.
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12 May: The US and China announce a 90-day pause on "reciprocal" tariffs starting 14 May after holding trade talks in Switzerland. It will bring US tariffs on Chinese imports down from 145% to 30%, and Chinese tariffs on US goods will fall from 125% to 10%
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,
A breakthrough in U.S.-China trade talks has propelled world stocks and the dollar higher, but investors fear further negotiations could prove a long slog, tempering optimism, as risks of a global economic slowdown persist.